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Property marketed by Inmo Investments
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Charming apartment located in the sought-after Residencial Flores, set in the prime area of Playa Flamenca—one of the most desirable locations in Orihuela Costa. Situated on the first floor, the property offers approximately 65 m² of well-distributed living space. The apartment features a bright and welcoming living-dining area with a fireplace, an open-plan fully fitted kitchen, two comfortable bedrooms, one bathroom, a separate utility/laundry area, and a pleasant private terrace with open views over the entrance area—perfect for relaxing or enjoying the Mediterranean climate. The home would benefit from some updates and renovation which is reflected in the price The residential complex is known for its peaceful atmosphere and excellent location, just a short distance from shopping centres, a wide selection of restaurants, essential amenities, and some of the finest beaches along the coast. This property represents an excellent opportunity, whether as a holiday home, permanent residence, or a smart investment with great rental potential.
Property Features
- 2 bedrooms
- 1 bathroom
- 65m² Build size
- Swimming Pool
- Communal Pool
- Terrace
- Pool views
- White Goods
- One level
- Walking Distance to Amenities
- Utility Room
- Walking Distance to Beach
- Furnished
- Prestigious Area
- Under 1km to beaches
- Closed community
- Close to the beach
- Investment
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,000€
Final Payment of 90% on completion
152,996€
Property Purchase Expenses
Property price
169,995€
Transfer tax 8%
13,600€
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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