1 bedroom Villa for sale

1 bedroom Villa for sale

Torrevieja, Alicante
118,000
 
1 / 0

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Ref: AG19MLSC7327704
Property marketed by Spain Property Shop S.L
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Do you want to enjoy Spain's wonderful climate and spend a lot of time outdoors, even in the hottest months? Then this ground floor property offers you a large terrace in the recidential area only 500 meters from the popular Playa de los Locos. The apartment consists of an open-plan layout with kitchen and living-dining room, one double bedroom and one bathroom. The apartment would benefit from some updating.The property includes a communal pool and garden and is located close to supermarkets, bars, restaurants, pharmacies, children’s playgrounds and public transportation.You also have Playa del Cura within a walking distance. 

Property Features

  • 1 bedroom
  • 1 bathroom
  • 43m² Build size
  • Veranda

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,800€
Final Payment of 90% on completion
106,200€
 
Property Purchase Expenses
Property price
118,000€
Transfer tax 8%
9,440€
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:
118,000€
Deposit:
Interest Rate:
%
Period:
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.

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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