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104 Zeniamar Phase 6, Orihuela Costa, Costa Blanca, Spain

Asking Price €115,000
  • status Sale
  • bedrooms 2 Bedrooms
  • receptions 2 Receptions
  • style Apartment
  • Price Asking Price €;115,000
  • Style Apartment
  • Bedrooms 2
  • Receptions 2
  • Heating None
  • Status Sale
Kirby O'Connor - Assoc RICS GOC Estate Agents Office: 028 9066 2366
Kirby O'Connor

Description

A beautifully decorated modern apartment for sale on the popular Costa Blanca in mainland Spain. Situated on the top floor, the property has been maintained to a very high standard throughout. The accommodation is laid out over two floors with a spacious open-plan lounge with American style kitchen and breakfast bar. Airy double bedroom with built in robes, good sized family bathroom with four piece suite and a fully equipped utility room. The top floor has been creatively designed to offer a double sleeping area, including built in robes and a fully glazed conservatory leading to a solarium, which benefits from all day sunshine. This is an excellent investment for anyone wanting a holiday home. The property comes with good quality furniture included. There is high demand for holiday homes in the area and a property of this size can return a weekly rental income of 400-500 Euros in peak season.

Features

  • Top Floor Duplex Apartment
  • Situated Within Popular Community Urbanization
  • Communal Pool & Gardens
  • Balcony & Solarium
  • Excellent Rental Potential
  • Double Glazed Throughout
  • Air Conditioning Units Which Also Provide Heating In Winter
  • Within Walking Distance Of Local Pubs, Restaurants, Supermarkets and Beach
  • 40 Minutes Drive From Alicante Airport

Room Details

  • Entrance to Apartment 104 in Phase 6 is accessed from a cul de sac off Pino Pinonero which includes ample street parking. Phase 6 also benefits from underground car parking and has availability for renting or purchasing car parking space. Phase 6 is a secure gated phase and access to the property is via a pedestrian walkway. There is a short flight of steps to the property which are shared with one other apartment.
  • HALLWAY:

    Entering the property into the hall, the stairs are straight in front of you with ample under stairs secure storage. To the right is entrance to the open plan lounge and dining area. The ground floor is fully tiled throughout.
  • OPEN PLAN LOUNGE/DINING AREA

    From the hall you enter the open plan living and dining area. A beautiful light and spacious area. Air conditioning. Access to balcony through patio doors.
  • BALCONY

    Fully tiled balcony. East facing.
  • MODERN FITTED KITCHEN:

    Galley kitchen with breakfast bar. All white goods included.
  • UTILITY ROOM:

    Utility room with extra storage, white goods and sink. New water heater fitted 3 years ago.
  • MASTER BEDROOM:

    Master bedroom with fitted sliding robes and air conditioning.
  • BATHROOM:

    Large family bathroom with four piece white suite. Shower over the bath. Heated towel rail. Fully tiled floor and walls.
  • BEDROOM (2):

    Second floor bedroom is accessed at the top of the stairs. Large enough for two single beds or one double bed. Air conditioning. Built in sliding robes. Patio doors with access into the conservatory.
  • CONSERVATORY:

    Large conservatory, tiled floor, double glazed.
  • SOLARIUM

    Large solarium accessed via the conservatory, private shower.

Location

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Directions

40 minutes for Alicante Airport, Costa Blanca, Mainland Spain.

Mortgage Calculator

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Disclaimer: The following calculations act as a guide only, and are based on a typical repayment mortgage model. Financial decisions should not be made based on these calculations and accuracy is not guaranteed. Always seek professional advice before making any financial decisions.

Advice on Stamp Duty

Advice on Stamp Duty

Stamp Duty Land Tax is a percentage paid on the purchase of a home or non-residential property to the Inland Revenue.  You usually pay Stamp Duty Land Tax (SDLT) on increasing portions of the property price above £125,000 when you buy residential property, eg a house or flat.

There are different rules if you’re buying your first home and the purchase price is £500,000 or less.

Use the SDLT calculator to work out how much tax you’ll pay.


Rates if you’re buying your first home

You can claim a discount (relief) so you don’t pay any tax up to £300,000 and 5% on the portion from £300,001 to £500,000.

You’re eligible if:

·you, and anyone else you’re buying with, are first-time buyers

·you complete your purchase on or after 22 November 2017

If the price is over £500,000, you follow the rules for people who’ve bought a home before.


Rates if you’ve bought a home before

Freehold sales and transfers

You can also use this table to work out the SDLT for the purchase price of a lease (the ‘lease premium’).


Property or lease premium or transfer value                                              SDLT rate

Up to £125,000                                                                                                Zero
The next £125,000 (the portion from £125,001 to £250,000)                       2%
The next £675,000 (the portion from £250,001 to £925,000)                       5%
The next £575,000 (the portion from £925,001 to £1.5 million)                    10%
The remaining amount (the portion above £1.5 million)                              12%

Example

If you buy a house for £275,000, the SDLT you owe is calculated as follows:

  • 0% on the first £125,000 = £0
  • 2% on the next £125,000 = £2,500
  • 5% on the final £25,000 = £1,250
  • Total SDLT = £3,750

New leasehold sales and transfers

When you buy a new residential leasehold property you pay SDLT on the purchase price of the lease (the ‘lease premium’) using the rates above.
If the total rent over the life the lease (known as the ‘net present value’) is more than £125,000, you also pay SDLT of 1% on the portion over £125,000 - unless you buy an existing (‘assigned’) lease.

You can work out how much SDLT you’ll pay for your new residential lease using HMRC’s:

Higher rates for additional properties

You’ll usually have to pay 3% on top of the normal SDLT rates if buying a new residential property means you’ll own more than one.

Use the SDLT calculator to work out how much tax you’ll pay.  You may not have to pay the higher rates if you exchanged contracts before 26
November 2015. 


If you’re replacing your main residence

You won’t pay the extra 3% SDLT if the property you’re buying is replacing your main residence and that has already been sold.  If there’s a delay selling your main residence and it hasn’t been sold on the day you complete your new purchase:

  • you’ll have to pay higher rates because you own 2 properties
  • you may be able to get a refund if you sell your previous main home within 36 months
  • There are special rules if you own property with someone else or already own a property outside England, Wales and Northern Ireland.
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