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Ref: MLSC8213562
Property marketed by The Property Group
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This cozy first-floor apartment, located in the Parque de las Naciones area of Torrevieja, offers an excellent opportunity to enjoy a peaceful and well-connected environment Situated in a building with an elevator, built in 2004, it benefits from an east-facing orientation, ensuring plenty of natural light throughout the day With 67 m² of built space and 51 m² of usable space, the property features a spacious living-dining area, an independent kitchen with access to a practical interior patio, two bedrooms, and one bathroom Additionally, it includes a terrace, providing an extra outdoor space perfect for relaxation Ceramic flooring and a functional layout make this home a comfortable and versatile option, ideal for both permanent residence and investment Located just 800 meters from the sea and surrounded by essential services, this apartment combines convenience and accessibility in one of Torrevieja's most sought-after areas A great opportunity to live near the sea with all the comforts Contact us for more information and a viewing
Property Features
- 2 bedrooms
- 1 bathroom
- 67m² Build size
- Refrigerator
- Patio
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,200€
Final Payment of 90% on completion
91,800€
Property Purchase Expenses
Property price
102,000€
Transfer tax 8%
8,160€
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.