3 bedroom Land for sale in Torrevieja, Alicante, Spain

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Ref: EMA1929A

Property marketed by España Dream Properties

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Fully Renovated 3-Bedroom Apartment with Side Sea Views – Torrevieja CityLocated in a sought-after area of Torrevieja, just a short walk from all essential services.With 90 m² of well-designed living space, the property features:3 bedrooms, 2 bathrooms 1 guest toiletBright open-plan kitchen and living areaSouthwest-facing terrace with side sea viewsAir conditioningFully furnishedElevator Built with quality in mind and recently updated, this apartment is ideal as a permanent residence or holiday home.Annual costs:IBI: €220Community fees: €580

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Property Features

3 bedrooms
3 bathrooms
Furnished
Terrace
Reformado
Key Ready
Moderno
Electrodomesticos
ascensor
American kitchen
aire acondicionado

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

16,990€

Final Payment of 90% on completion

179,910€

Property Purchase Expenses

Property price

199,900€

Transfer tax 8%

15,992€

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.

Mortgage Calculator

Mortgage Amount:

199,900€

Deposit:

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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.