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Ref: AG19MLSC7543709
Property marketed by Spain Property Shop S.L

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I present this wonderful apartment in the center of Torrevieja. It is located just 10 minutes from the beach. The property offers a constructed area of 61.71 m² and is located on the ground floor. It has a bright, spacious living room with a dining room and a separate kitchen furnished and equipped with furniture and appliances. It has 2 bedrooms and 1 fully furnished bathroom. It has a cozy terrace with additional security that can be replaced with an enclosure or simply removed entirely. The apartment is in good condition, fully furnished and equipped with appliances. It is ready to move in! The property is located in the center of Torrevieja, in a strategic area with all services within easy reach: supermarkets, schools, shops, banks, and restaurants. Everything you need is just a step away. Don't wait any longer and come visit it!
Property Features
- 2 bedrooms
- 1 bathroom
- 68m² Build size
- Near bus route
- Aircondition, Split system
- Elevator
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,500€
Final Payment of 90% on completion
103,500€
Property Purchase Expenses
Property price
115,000€
Transfer tax 8%
9,200€
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.