1 / 0
Make an Enquiry About This Property
Ref: MLSC5426533
Property marketed by The Property Group
Your Name:
Email Address:
Telephone Nº:
By checking this box, we will pass your query on to up to five other Estate Agents who have similar properties to this.
How can we help you?:

Apartment for sale with tenants and guaranteed rental income Excellent investment opportunity in the heart of Torrevieja, offering immediate returns from day one Property features: Built area: 51 m² Layout: 1 bedroom, living-dining room, separate kitchen, full bathroom, and interior patio (first floor unit) Building with elevator Current rental status: The property is being sold with an existing rental contract in place Reliable tenants currently paying €500/month, with verifiable payment records Legally binding contract in good standing, all payments up to date Additional notes: Located in the very centre of Torrevieja, this property offers an excellent return on investment and stable monthly income Ideal for investors looking for an income-generating asset Please note: The sale of this property is subject to the continuation of the current rental agreement
Property Features
- 1 bedroom
- 1 bathroom
- 51m² Build size
- Open Terrace/Patio
- Patio
- Furnished
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.
Mortgage Calculator
Similar Properties
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.