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Ref: MLSC4539570
Property marketed by The Property Group
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We present this penthouse on the 5th floor, with elevator, located in the coastal city of Torrevieja (Alicante) and close to all services: supermarkets, restaurants, school, pharmacy It is located about 15 minutes walk from the promenade of the beautiful and well-known natural beaches This property is distributed in: -Two bedrooms -A bathroom -Equipped kitchen -Living/dining room with access to a balcony Parking is available in the immediate vicinity of the property Do not miss this opportunity and contact us to give you more information
Property Features
- 2 bedrooms
- 1 bathroom
- 80m² Build size
- Hot Water Electric
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,600€
Final Payment of 90% on completion
113,400€
Property Purchase Expenses
Property price
126,000€
Transfer tax 8%
10,080€
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.