2 bedroom Apartment for sale

2 bedroom Apartment for sale

Villamartin, Alicante
148,000
 
  • 2 bedroom Apartment for sale
  • 2 bedroom Apartment for sale
  • 2 bedroom Apartment for sale
  • 2 bedroom Apartment for sale
  • 2 bedroom Apartment for sale
  • 2 bedroom Apartment for sale
  • 2 bedroom Apartment for sale
  • 2 bedroom Apartment for sale
  • 2 bedroom Apartment for sale
  • 2 bedroom Apartment for sale
  • 2 bedroom Apartment for sale
  • 2 bedroom Apartment for sale
  • 2 bedroom Apartment for sale
  • 2 bedroom Apartment for sale
  • 2 bedroom Apartment for sale
  • 2 bedroom Apartment for sale
  • 2 bedroom Apartment for sale
  • 2 bedroom Apartment for sale
  • 2 bedroom Apartment for sale
  • 2 bedroom Apartment for sale
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Located in the popular area of El Galán in Orihuela Costa, close to Villamartín on the sought-after Costa Blanca South, this charming penthouse apartment offers an excellent opportunity as either a rental investment, holiday home or permanent residence. The property benefits from a valid tourist licence, making it particularly attractive for those looking to generate rental income in this highly desirable area.

The apartment offers 63 m² of comfortable living space and is sold fully furnished, ready to move into or rent out immediately. Inside, the property features two well-proportioned bedrooms, one family bathroom with bathtub, and a bright living area with an open American-style kitchen. Thanks to its East, South, and West orientation, the apartment enjoys plenty of natural sunlight throughout the day, creating a bright and welcoming atmosphere.

One of the standout features of this penthouse is its exceptional outdoor space, perfect for enjoying the Mediterranean lifestyle. The property offers a 14 m² front terrace and a 16 m² rear terrace, while the impressive 55 m² private roof terrace provides a fantastic space for relaxing, sunbathing, dining, or entertaining while enjoying the wonderful climate of the Costa Blanca.

The apartment also benefits from practical upgrades including a new boiler and a new washing machine, adding extra convenience and value for the new owner. Running costs are very low, with council tax at just €250 per year and community fees of €360 per year.

Ideally located in the lively El Galán commercial area, the property is surrounded by a wide selection of restaurants, bars, shops, and a 24-hour supermarket. A bus stop located directly outside the property provides convenient transport links around the area. On the doorstep are four excellent golf courses — Villamartín, Campoamor, Las Ramblas, and Las Colinas — and just a short 10 min drive to the beautiful beaches of Orihuela Costa and the popular Zenia Boulevard, the property is only 45 minutes from Murcia Corvera and Alicante airports, making it ideal for holiday homes, permanent residence, or a high-yield rental investment.

Property Features

  • 2 bedrooms
  • 1 bathroom
  • 63m² Build size
  • Golf course
  • Fitted wardrobes
  • Solarium
  • Secure door
  • Double glazing
  • Veranda
  • Near bus route

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,800€
Final Payment of 90% on completion
133,200€
 
Property Purchase Expenses
Property price
148,000€
Transfer tax 8%
11,840€
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:
148,000€
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Interest Rate:
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* 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.

Spanish Property News & Updates by Spain Property Portal.com

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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