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Ref: ADE4930H
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Modern 3-Bedroom Apartment in TorreviejaGround-floor apartment with a contemporary design, located in a modern and sunny private residential complex. The property has a constructed area of 93.10 m² and a usable area of 80.75 m², and is situated on a 104.78 m² plot, which includes a beautiful garden with ornamental vegetation and a spacious terrace of approximately 50 m².It comprises a living-dining room with an open-plan kitchen, 3 bedrooms, and 2 bathrooms (one en suite).The apartment is sold furnished (except for garden furniture) with high-quality modern finishes. The price includes an underground parking space and a storage room.Located in a private development with a communal pool, close to all amenities, the Habaneras shopping center, the IMF cinema, and the Ozone entertainment area.
Property Features
- 3 bedrooms
- 1 bathroom
- 93m² Build size
- 105m² Plot size
- Close to medical centre
- Close to sports facilities
- Close to shops, restaurants
- Close to schools
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
28,500€
Final Payment of 90% on completion
283,500€
Property Purchase Expenses
Property price
315,000€
Transfer tax 8%
25,200€
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.
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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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.