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Ref: AG19143036
Property marketed by Spain Property Shop S.L
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This impressive 130 square meter apartment is located in the heart of Torrevieja, just 700 meters from the beach. It consists of three spacious bedrooms, two full bathrooms and a kitchen equipped with modern appliances. The parquet floor gives an elegant and cozy touch to the entire space. Additionally, it has central air conditioning to maintain an ideal temperature in all rooms at all times. The building also has an elevator for greater convenience, as well as a balcony that provides plenty of natural light into the interior of the apartment. It is sold fully furnished and includes two storage rooms and a private parking space. The location is unbeatable as it is close to shopping centers, medical facilities, supermarkets,and playgrounds; perfect for enjoying coastal surroundings without sacrificing daily basic services.
Property Features
- 3 bedrooms
- 2 bathrooms
- 188m² Build size
- Solarium
- Near bus route
- Aircondition, Split system
- Elevator
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
28,500€
Final Payment of 90% on completion
283,500€
Property Purchase Expenses
Property price
315,000€
Transfer tax 8%
25,200€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.