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Apartment with sea views in El Acequión, Torrevieja.
2-bedroom property (originally 3) with 1 bathroom, separate kitchen, and a spacious living room with access to a terrace with side sea views.
The property is in good condition, located in a high-demand area just 50 meters from the beach and within walking distance to bars, restaurants, and shops.
• 2 bedrooms
• 1 bathroom
• Separate kitchen
• Built area: 79 m²
• Terrace
• 6th floor
• North facing
• Lift
Annual costs:
• IBI: €180/year
• Community: €320/year
2-bedroom property (originally 3) with 1 bathroom, separate kitchen, and a spacious living room with access to a terrace with side sea views.
The property is in good condition, located in a high-demand area just 50 meters from the beach and within walking distance to bars, restaurants, and shops.
• 2 bedrooms
• 1 bathroom
• Separate kitchen
• Built area: 79 m²
• Terrace
• 6th floor
• North facing
• Lift
Annual costs:
• IBI: €180/year
• Community: €320/year
Property Features
- 2 bedrooms
- 1 bathroom
- 79m² Build size
- Terrace
- Furnished
- Cocina Independiente
- Electrodomesticos
- Ascensor
- Views: Sea
- Key Ready
- Lavandería
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,900€
Final Payment of 90% on completion
143,100€
Property Purchase Expenses
Property price
159,000€
Transfer tax 8%
12,720€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.