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Ref: AG19MLSC6615149
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Spacious 100m² ground floor apartment in the center of Torrevieja, just 250m from the beach! This ground floor apartment, in an excellent location, just steps from Plaza de la Constitución and just 250 meters from the sea, is a great opportunity for those looking for a spacious home with the potential to renovate to their liking. ? Functional layout: 4 bedrooms: 2 doubles and 2 singles Spacious and bright living room Equipped kitchen with access to an interior patio Bathroom with shower Additional office or storage space between the kitchen and living room The apartment is in good overall condition and ready to move into, although with a little renovation it could become the ideal home. ? Prime location, surrounded by all essential services: supermarkets, schools, public transport, restaurants, and more. Live in the center, with space and just steps from the beach!
Property Features
- 4 bedrooms
- 1 bathroom
- 105m² Build size
- Garden
- Veranda
- Near bus route
- Heating, Central
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,500€
Final Payment of 90% on completion
148,500€
Property Purchase Expenses
Property price
165,000€
Transfer tax 8%
13,200€
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.