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Ref: MLSC4845355
Property marketed by The Property Group
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We are happy to present this fantastic ground-floor bungalow located in the well-known Torretas III development in Torrevieja The property consists of 2 bedrooms, an open-plan kitchen, 1 bathroom with a shower, a living-dining room, a small 8 m² solarium, and a large 32 m² paved garden The property has been recently renovated in a modern style The community has a communal pool, where you can cool off on the hottest days This property will certainly not be on the market for long Shall we schedule a viewing?
Property Features
- 2 bedrooms
- 1 bathroom
- 43m² Build size
- Communal Pool
- Garden
- Partially furnished
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,400€
Final Payment of 90% on completion
129,600€
Property Purchase Expenses
Property price
144,000€
Transfer tax 8%
11,520€
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.