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Ref: EMA7850Z
Property marketed by España Dream Properties

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We present this little gem in the Parque de las Naciones area!~~This fantastic, semi-renovated apartment is very spacious, bright, in perfect condition, freshly painted, and with modern finishes. It is located in the Parque de las Naciones area, 1,000 meters from the beach and 800 meters from Paseo de Vistalegre.~~Ready to move into, it has 70 m² of built area distributed in 2 double bedrooms, a full bathroom, a fully equipped kitchen with a utility room, and a large living-dining room.~The apartment is sold furnished with built-in wardrobes. The building has an elevator and is in an excellent area with all the necessary services, such as supermarkets, schools, medical centers, parks, and bus stops.~It also has a communal pool.~~This property is perfect for year-round living or for enjoying your holidays on the coast.~~Don't hesitate to contact us to discover your next property in Torrevieja!
Property Features
- 2 bedrooms
- 1 bathroom
- Swimming Pool
- Terrace
- washing room
- Light
- water
- Wardrobes cupboard
- Furniture
- Air-Conditioning
- Elevator
- Community pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,990€
Final Payment of 90% on completion
116,910€
Property Purchase Expenses
Property price
129,900€
Transfer tax 8%
10,392€
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.