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Property marketed by The Property Group
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Penthouse for sale in central Torrevieja, with southwest orientation providing good natural light throughout the day The property offers two bedrooms, one bathroom, and a living room with an open-plan kitchen, creating a comfortable and functional space for everyday living The terrace has open views over the city and the lagoon, ideal for enjoying the outdoors The building includes a communal pool, a practical option for summer months The apartment is in good overall condition and is sold furnished, ready to move in Centrally located, close to all amenities and within walking distance to the beach
Property Features
- 2 bedrooms
- 1 bathroom
- 54m² Build size
- Open Terrace/Patio
- Communal Pool
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,200€
Final Payment of 90% on completion
109,800€
Property Purchase Expenses
Property price
122,000€
Transfer tax 8%
9,760€
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.