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Property marketed by Inmo Investments

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For sale: Well-kept apartment in central Torrevieja, ideal for permanent living or holidays by the sea. It offers 2 double bedrooms with built-in wardrobes, 1 bathroom with bathtub, a separate fully equipped kitchen, and a bright living-dining area with access to a balcony. There's also a utility room with a washing machine and boiler.
The property is sold furnished and is in great condition, ready to move in. Located on a quiet street, yet close to shops, restaurants, public transport, and the beach.
Also a good option for rental investment.
The property is sold furnished and is in great condition, ready to move in. Located on a quiet street, yet close to shops, restaurants, public transport, and the beach.
Also a good option for rental investment.
Property Features
- 2 bedrooms
- 1 bathroom
- 70m² Build size
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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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.