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Property marketed by Engel & Voelkers Torrevieja - Orihuela
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Newly constructed building featuring eight excellent apartments spread across the ground and third floors, plus a stunning penthouse on the fourth floor. Doors and windows are aluminum framed with thermal break, employing sliding or tilt-and-turn mechanisms, and include compact roller blinds with aluminum slats. Double Climalit glazing is used throughout. The entrance door is reinforced, constructed from galvanized steel sheet with a surface finish matching the interior doors. It features a security lock and panoramic viewer. Interior doors are smooth, accented with four horizontal lacquered MDF lines in white, and fitted with stainless steel handles. Built-in wardrobes are lacquered MDF in white, with 240cm high sliding doors and interior lining. Walls are painted with two coats of plastic, finished in RAL 9003 (walls) and white (ceilings). Bathroom fixtures are GAP, ROCA, or similar, floor-mounted, with single-lever formentera or similar faucets. Extraplane STONE shower trays feature slate edging, recessed fixtures, a wall-mounted shower head, and a single handle. Bathroom vanities are the lafuente model vera 80-60cm WHITE (or similar). The electrical installation is rated at 9,200 watts. Collective antenna, FM, and telephone points comply with ICT regulations; TV and TF points also meet ICT standards. Air conditioning is pre-installed via ductwork, connecting the air handler and condenser using copper tubing. Forced extraction ventilation is in place, as per regulations. A video intercom with an in-unit monitor is included. Domestic hot water (DHW) is generated via aerothermal energy. Electric underfloor heating is installed in bathrooms. Kitchen cabinets are available in Matt White, Soft Black, or Vicenza Oak. Countertops come in White North, Zeus, or Grey Expo. Spotlights and LED strips illuminate common areas and the facade (as per project plans). Bathroom furniture and shower screens are included.
Property Features
- 3 bedrooms
- 2 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
43,400€
Final Payment of 90% on completion
417,600€
Property Purchase Expenses
Property price
464,000€
Transfer tax 8%
37,120€
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.
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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%.
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