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Ref: M271567
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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One-bedroom apartment a few meters from Playa de los Locos in Torrevieja. Close to all services, bars, restaurants, pharmacies, health center, supermarkets, etc... The apartment is divided into a hallway upon entering that gives access to the bathroom, bedroom and a large living room from which you can access the kitchen and the balcony of about 4 square meters. Perfect unit for vacation rentals. A small one-bedroom apartment a few meters from the emblematic Los Locos Beach.
Property Features
- 1 bedroom
- 1 bathroom
- 59m² Build size
- Near Childrens Parks
- Useable Build Space: 55 Msq.
- Elevator/Lift
- Terrace: 4 Msq.
- Has Main Electric
- Single Bedrooms: 1
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,000€
Final Payment of 90% on completion
90,000€
Property Purchase Expenses
Property price
100,000€
Transfer tax 8%
8,000€
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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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.