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Ref: M300296
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Welcome to this well-located studio apartment in Torrevieja, ideal for investors or as a holiday getaway. Situated on the fourth floor of a building with a lift and communal pool, this property enjoys excellent access to local amenities and is just a short walk from the beach. With a total area of 32 m², the apartment features a bright living space with air conditioning, a semi-separated sleeping area, a glazed terrace integrated into the living room, a fully equipped independent kitchen, and a complete bathroom with a shower.
Property Features
- 0 bedrooms
- 1 bathroom
- 32m² Build size
- Swimming Pool
- Communal Pool
- Near bus route
- Near Schools
- Near Trees
- Near Commercial Center
- Near Childrens Parks
- Elevator/Lift
- Air Conditioning: Yes
- Has Main Electric
- X
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,990€
Final Payment of 90% on completion
71,910€
Property Purchase Expenses
Property price
79,900€
Transfer tax 8%
6,392€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.