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Ref: CSPX-13548
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A ground floor bungalow with a floor area of 63 m2 (+12m2 porch), bright and south-facing, situated in Dream Hills, Los Altos, a quiet residential area of Orihuela Costa, overlooking a large green space with a children's playground and surrounded by all the amenities needed for daily life.. . The property comprises 2 double bedrooms with fitted wardrobes, 2 full bathrooms, one with a shower and the other with a bath a living-dining room and a separate kitchen. It also features an internal courtyard and, outside, a 12 m2 porch and approximately 25 m2 of patio/garden.. . It has air conditioning in all bedrooms and in the living room. The communal swimming pool is situated just 15 metres from the property, and the housing estate has a large car park right in front of the property.. . The location is another of its strong points: a supermarket is just 100 metres away, there is public transport, and it is also possible to walk to restaurants, cafés, schools and other amenities.. . Currently let for €1,000 per month, with a tenancy agreement running until March 2027, this offers the opportunity to purchase a property that is already generating income, without the need to find a tenant.. . An attractive option for investment, but also for anyone looking for a home in an established, quiet and well-connected area, with amenities and outdoor spaces.
Property Features
- 2 bedrooms
- 2 bathrooms
- 82m² Build size
- 25m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,300€
Final Payment of 90% on completion
155,700€
Property Purchase Expenses
Property price
173,000€
Transfer tax 8%
13,840€
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.
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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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