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Ref: AG19146215
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Beautiful two bedroom penthouse in Torrevieja centre. The apartment has a spacious living room and open plan kitchen, underfloor heating in bathrooms, two sunny balconies and a private solarium. One of the balconies is partially covered, creating a nice winter room, leaving ample space for a bbq and enjoying the sun. The community has a communal pool area in the inner courtyard, as well as Finnish sauna. The apartment comes with a private parking place in the undergroud garage, with easy access to the apartment with a lift. All the amenities in Torrevieja centre are within walking distance, a beaufitul church only a couple hundred meters away, and a walking distance to the seaside paseo and swimming coves.
IBI approx. 220€/year
Community fees approx 676€/year
IBI approx. 220€/year
Community fees approx 676€/year
Property Features
- 2 bedrooms
- 2 bathrooms
- 67m² Build size
- Swimming Pool
- Bathroom underfloor heating
- Balcony
- Secure door
- Aircondition, Split system
- Pool, Communal
- Elevator
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
29,500€
Final Payment of 90% on completion
292,500€
Property Purchase Expenses
Property price
325,000€
Transfer tax 8%
26,000€
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.