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Ref: CSPX-79143
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Discover a property with enormous potential in the heart of Orihuela, a city renowned for its rich historical, cultural and architectural heritage, often referred to as the historic capital of the southern part of the former Kingdom of Valencia. Its excellent location, combined with the generous size of the property, makes it an outstanding opportunity both as a permanent residence and as an investment.
Situated on one of the main avenues in the centre of Orihuela, this spacious apartment of approximately 140 m² enjoys a prime location with every essential service within walking distance. Nearby you will find the train station, urban and intercity bus stops, hospitals, health centres, pharmacies, banks, schools, supermarkets, restaurants, cafés and a wide range of shops.
The building, constructed in 1985, has been exceptionally well maintained and updated over the years. Important structural improvements have been carried out, including the reinforcement of the building's pillars and the renovation of the façade. It also features a large lift and an accessibility platform at the entrance for people with reduced mobility.
The property has remained unoccupied for some time and requires a complete renovation, giving the future owner the perfect opportunity to create a bespoke home designed entirely to their own taste and lifestyle.
Upon entering, you are welcomed by a spacious entrance hall leading to a long corridor that provides access to all rooms. The first bedroom, measuring approximately 12 m², features a built-in wardrobe and is ideal as a bedroom, home office or guest room.
The independent kitchen is exceptionally spacious, offering around 24 m² of living space. It also includes a generous pantry of approximately 6 m² and direct access to the laundry area, providing excellent practicality for everyday living.
The bright and spacious living-dining room measures approximately 32 m² and is undoubtedly one of the highlights of the property. From here you have direct access to a pleasant terrace of almost 10 m², an ideal place to relax or enjoy outdoor dining.
Adjacent to the living room is a large family bathroom equipped with a bathtub and bidet.
The sleeping area includes three additional bedrooms. One overlooks the interior courtyard, while the other two enjoy direct access to the same terrace as the living room. The second bedroom measures approximately 15 m² and benefits from a west-facing orientation, providing plenty of afternoon sunlight. The master bedroom, approximately 16 m², features an en-suite bathroom, ensuring greater comfort and privacy.
With four bedrooms, two spacious bathrooms, a large independent kitchen, pantry, laundry room and terrace, this property offers endless renovation possibilities. It is an excellent opportunity to create a stylish family home, a premium city residence or an attractive investment property in one of Orihuela's most sought-after central locations.
A unique opportunity to purchase a generously sized property in a prime location and transform it into the home of your dreams.
Situated on one of the main avenues in the centre of Orihuela, this spacious apartment of approximately 140 m² enjoys a prime location with every essential service within walking distance. Nearby you will find the train station, urban and intercity bus stops, hospitals, health centres, pharmacies, banks, schools, supermarkets, restaurants, cafés and a wide range of shops.
The building, constructed in 1985, has been exceptionally well maintained and updated over the years. Important structural improvements have been carried out, including the reinforcement of the building's pillars and the renovation of the façade. It also features a large lift and an accessibility platform at the entrance for people with reduced mobility.
The property has remained unoccupied for some time and requires a complete renovation, giving the future owner the perfect opportunity to create a bespoke home designed entirely to their own taste and lifestyle.
Upon entering, you are welcomed by a spacious entrance hall leading to a long corridor that provides access to all rooms. The first bedroom, measuring approximately 12 m², features a built-in wardrobe and is ideal as a bedroom, home office or guest room.
The independent kitchen is exceptionally spacious, offering around 24 m² of living space. It also includes a generous pantry of approximately 6 m² and direct access to the laundry area, providing excellent practicality for everyday living.
The bright and spacious living-dining room measures approximately 32 m² and is undoubtedly one of the highlights of the property. From here you have direct access to a pleasant terrace of almost 10 m², an ideal place to relax or enjoy outdoor dining.
Adjacent to the living room is a large family bathroom equipped with a bathtub and bidet.
The sleeping area includes three additional bedrooms. One overlooks the interior courtyard, while the other two enjoy direct access to the same terrace as the living room. The second bedroom measures approximately 15 m² and benefits from a west-facing orientation, providing plenty of afternoon sunlight. The master bedroom, approximately 16 m², features an en-suite bathroom, ensuring greater comfort and privacy.
With four bedrooms, two spacious bathrooms, a large independent kitchen, pantry, laundry room and terrace, this property offers endless renovation possibilities. It is an excellent opportunity to create a stylish family home, a premium city residence or an attractive investment property in one of Orihuela's most sought-after central locations.
A unique opportunity to purchase a generously sized property in a prime location and transform it into the home of your dreams.
Property Features
- 4 bedrooms
- 2 bathrooms
- 140m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,000€
Final Payment of 90% on completion
198,000€
Property Purchase Expenses
Property price
220,000€
Transfer tax 8%
17,600€
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.
Mortgage Calculator
Mortgage Amount:
220,000€
Deposit:
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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.
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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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