Question 1

How much does it cost to buy this property?

Accepted Answer

For this villa at EUR 205,000, purchase costs include 10% transfer tax (ITP) of EUR 20,500, notary fees around EUR 900, land registry approximately EUR 650, and legal fees of about EUR 2,481. Budget approximately EUR 24,531 in total buying costs on top of the purchase price.

Question 2

Is mortgage financing available?

Accepted Answer

Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this villa at EUR 205,000, a 60% mortgage would be EUR 123,000, requiring a deposit of EUR 82,000. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 649. Spanish banks require proof of income, tax returns, and a credit report from your home country.

Question 3

How much are the monthly expenses?

Accepted Answer

Annual running costs for this villa include: IBI property tax is estimated at EUR 350-600 per year; home insurance runs EUR 200-400 annually; utility bills (electricity, water, internet) average EUR 150-250 per month. Non-resident owners also pay annual income tax (IRNR) on a deemed rental value, typically EUR 300-600 per year for a property at this price level.

Question 4

Can I book a viewing?

Accepted Answer

Contact Maya Kallio to arrange an in-person viewing of this villa in La Zenia. Video viewings are also available for overseas buyers who cannot visit immediately. Viewings can usually be arranged within 24-48 hours.

Question 5

What is the rental potential?

Accepted Answer

Orihuela Costa has strong holiday rental demand, particularly from Northern European visitors during the winter months and Spanish tourists in summer. A 2-bedroom villa in La Zenia can attract bookings year-round. You will need a tourist licence from the regional government. Note that rental income is subject to Spanish tax for non-residents.

Question 6

How does purchasing work?

Accepted Answer

Buying property in Spain requires an NIE number, which your lawyer can help arrange. Once you agree the price, a reservation deposit secures the property. You then sign an arras contract with a 10% deposit within 2-4 weeks. The final step is signing the escritura at a notary and paying the remaining balance. Your lawyer handles due diligence, checking the property has no debts or legal issues. Allow 6-10 weeks from offer to completion.

Property Type	Villa
Bedrooms	2
Bathrooms	2
Built Area	203 m²
Floor	0
Year Built	Built 1976 (50 years)
Energy Certificate	Rating Exempt
Reference	OH02220

Transfer Tax (ITP 10%)	€20,500
Notary Fees	~€950
Land Registry	~€650
Legal Fees (1% + VAT)	~€2,481
Community Fees (monthly)	€55/mo
IBI Property Tax (annual)	€290/yr
Est. Total Purchase Costs	~€24,581 (12.0%)

Sea View 2-Bedroom Villa in La Zenia, Orihuela Costa

Description

Property Details

Features & Amenities

Distances & Nearby

Location

Energy Performance Certificate

Estimated Buying Costs

Annual Running Costs

Investment Snapshot

About La Zenia, Orihuela Costa

Frequently Asked Questions

Similar Properties in Orihuela Costa

Ground-Floor 5-Bedroom Villa in La caleta, Cabo Roig

Ground-Floor 7-Bedroom Villa in Campoamor, Orihuela Costa

Renovated 4-Bedroom Villa in Rocio del Mar, Orihuela Costa