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Charming Top-Floor 2-Bedroom Bungalow in San Luis, Torrevieja Lovely and bright 2-bedroom, 1-bathroom top-floor bungalow located in the sought-after area of San Luis, Torrevieja. This well-distributed home features a separate kitchen, a front balcony, and a spacious private roof terracemdash;ideal for enjoying the Mediterranean climate. The living area is equipped with air conditioning, ensuring comfort throughout the warmer months. The property also benefits from access to a communal pool, perfect for relaxing or entertaining. Located close to all local amenities including shops, restaurants, and public transport links. Offered unfurnished, this home is a great opportunity to put your own personal touch on a property in a popular area.
Property Features
- 2 bedrooms
- 1 bathroom
- Swimming Pool
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.