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Property marketed by The Property Group
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A stunning penthouse just 100 metres from Los Locos beach in Torrevieja, offering 100m2 of beautifully renovated, light-filled living space The property features three generous bedrooms, a modern open-plan kitchen, and a huge south-facing terrace made for relaxing in the sunIt comes with underground parking and low community fees, making it a practical as well as stylish option Set in one of the best locations in town, with the beach, restaurants, and shops just a short stroll away, this is a fantastic opportunity Whether you're looking for a permanent home, a holiday retreat, or a rental investment
Property Features
- 3 bedrooms
- 1 bathroom
- 88m² Build size
- Air conditioning
- Double Bedrooms: 8
- Garage
- Lift
- Near schools
- Sea views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
20,500€
Final Payment of 90% on completion
211,500€
Property Purchase Expenses
Property price
235,000€
Transfer tax 8%
18,800€
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.
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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.