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Ref: M299661
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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For sale: a property located in one of the well-known Peysa buildings, just 300 meters from Playa de los Náufragos and only a 5-minute drive from the center of Torrevieja. Its excellent location offers proximity to all essential services such as supermarkets, pharmacies, public transport, and leisure areas. The property is on the ground floor and features access adapted for people with reduced mobility, as well as a communal pool, ideal for relaxing during the summer months. The home is distributed into two double bedrooms, a fully equipped bathroom with a walk-in shower, and an independent kitchen. The spacious living-dining room includes a glazed terrace, offering additional bright space perfect for year-round enjoyment. It also has a practical utility area that can be used as a laundry room or storage space, depending on the buyer’s needs. An excellent opportunity both as a permanent residence or a rental investment in one of the most sought-after areas of Torrevieja.
Property Features
- 2 bedrooms
- 1 bathroom
- 79m² Build size
- Swimming Pool
- Communal Pool
- Near bus route
- Near Golf / Golf Resort Property
- Near Schools
- Near Trees
- Near Commercial Center
- Double Bedrooms: 2
- Location: Coastal, Urbanisation
- Near Childrens Parks
- Elevator/Lift
- Air Conditioning: Yes
- Beach: 300 Meters
- Useable Build Space: 73 Msq.
- Has Main Electric
- X
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,950€
Final Payment of 90% on completion
107,550€
Property Purchase Expenses
Property price
119,500€
Transfer tax 8%
9,560€
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.