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Ref: 50296
Property marketed by Inmo Investments
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For sale is a 2-bedroom penthouse situated in the town of Torrevieja, within the province of Alicante. Constructed in 2005, this penthouse boasts a total area of 98 m² and is arranged with a spacious living-dining room, 2 bedrooms featuring built-in wardrobes, family bathroom, spacious lounge/dining room, a well-appointed kitchen furnished with upper and lower cabinets, equipped with an oven and hob, with adjoining utility room . Additionally, the property offers exclusive access to two terraces, providing a combined area of 41 m². Positioned within the central area of Torrevieja's urban zone, this home enjoys convenient access via the N-332 road, leading towards Alicante, and the AP-07 Mediterranean Highway, linking to the A-07 and under 10 minutes walk to the beaches and port area of this bustling seaside town. Sold as seen. Please note no offers are possible for bank repossessed properties. Contact us today for your viewing
Property Features
- 2 bedrooms
- 1 bathroom
- 98m² Build size
- Solarium - Private
- No pool
- Unfurnished
- Terrace
- Walking Distance to Amenities
- Built-in Wardrobes
- Walking Distance to Beach
- Under 1km to beaches
- Investment
- Lift
EPC Rating
Energy Rating Scale |
---|
A |
B |
C |
D |
E |
F |
G |
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,500€
Final Payment of 90% on completion
121,500€
Property Purchase Expenses
Property price
135,000€
Transfer tax 8%
10,800€
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.