7 bedroom Townhouse for sale in Orihuela, Alicante, Spain

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Ref: AG19MLSC6290967

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Discover this exceptional investment opportunity in Orihuela City. This property comprises two houses for renovation, totaling 270 m² of built area, with seven spacious bedrooms ideal for large families or as a real estate development project. With three bathrooms, the layout offers multiple possibilities to suit your needs. Located in a prime area close to public transport and surrounded by shopping centers and schools, this property offers everything you need to enjoy urban convenience without sacrificing privacy. The building is entirely exterior-facing, guaranteeing natural light throughout the day. Although it requires comprehensive renovations, its potential is limitless; imagine creating your dream home or developing an attractive commercial project in this strategic location. Contact us for more information.

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Property Features

7 bedrooms
3 bathrooms
270m² Build size
Near bus route

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

10,400€

Final Payment of 90% on completion

120,600€

Property Purchase Expenses

Property price

134,000€

Transfer tax 8%

10,720€

Notary fees (approx)

600€

Land registry fees (approx)

600€

Legal fees (approx)

1,500€

* Transfer tax is based on the sale value or the cadastral value whichever is the highest.

** The information above is displayed as a guide only.

Mortgage Calculator

Mortgage Amount:

134,000€

Deposit:

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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Townhouse for sale

Orihuela, Alicante

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7
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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.