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Property marketed by Inmo Investments

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This 130 m² apartment is located directly on the seafront along Paseo Juan Aparicio in Torrevieja. It offers 4 bedrooms (one with en-suite and bathtub), 2 bathrooms, a bright living and dining area, an open-plan kitchen, and a 6 m² terrace with sea views. The apartment is south-facing, comes furnished with appliances, and includes access to a communal pool.
Optional parking space available for €15,000. The property is semi-renovated and ready to move into.
Optional parking space available for €15,000. The property is semi-renovated and ready to move into.
Property Features
- 4 bedrooms
- 2 bathrooms
- 130m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,900€
Final Payment of 90% on completion
251,100€
Property Purchase Expenses
Property price
279,000€
Transfer tax 8%
22,320€
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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Spanish Property News & Updates by Spain Property Portal.com
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.