Apartment for sale in Torrevieja, Alicante, Spain

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Ref: SV5218

Property marketed by Signature Villas SL

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This plot is located in the quiet urbanisation Costa Nova, just 200 m from the coastline and less than a km from the idyllic beach of Granadella. The plot has an eastern orientation and offers beautiful sea views. The adjacent plot of 2507 m2 can also be purchased for the price of 930,600 euros. The 2 plots can also be purchased together for 1,445,000 euros.

Costa Nova is a very quiet urbanisation, located at the southern tip of Jávea just a 10-minute drive from the sandy beach. Moreover, several bars and restaurants can be found there, as well as tennis clubs, a supermarket, etc.

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Property Features

0 bedrooms
0 bathrooms
1,378m² Plot size
newly built

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

48,500€

Final Payment of 90% on completion

463,500€

Property Purchase Expenses

Property price

515,000€

Transfer tax 8%

41,200€

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.

Mortgage Calculator

Mortgage Amount:

515,000€

Deposit:

€

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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.