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Ref: 156-XP7072541
Property marketed by M.R.Servicios Inmobiliarios
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For Sale Located in the charming area of Urb. El Hondo, this ground-floor bungalow offers an excellent opportunity for those looking for a home in a prime location close to the school and secondary school. The property features a small, inviting garden, perfect for enjoying the Mediterranean climate and relaxing outdoors.The bungalow has two spacious and bright bedrooms, ideal for families or as an investment. The functionally sized bathroom needs renovation to suit the new owner´s preferences. The separate kitchen is small but practical, complemented by a gallery or patio that provides additional space for laundry or storage.Although the home requires renovation, its solid structure and prime location make it an excellent option for transformation into a personalized home or an investment with rental potential. The proximity to amenities, schools, and the El Hondo nature reserve make this property a unique opportunity in Torrevieja.
Property Features
- 2 bedrooms
- 1 bathroom
- 56m² Build size
- independent kitchen
- Para reformar
- No
- antiquity: 2002
- views: Urbanización
- 2 wardrobes
EPC Rating
Energy Rating Scale |
---|
A |
B |
C |
D |
E |
F |
G |
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,000€
Final Payment of 90% on completion
99,000€
Property Purchase Expenses
Property price
110,000€
Transfer tax 8%
8,800€
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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