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Ref: AG19MLSC3551889
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Located on Calle Diego Ramírez No. 86, this bright apartment offers an excellent opportunity to live or invest in the very heart of Torrevieja. With a total built area of 70 m² (63 m² usable), the property features a spacious living room with access to a charming balcony overlooking the avenue, a fully equipped independent kitchen, two bedrooms, and a complete bathroom. Its west-facing orientation ensures natural light throughout the afternoon, creating a warm and pleasant atmosphere. The apartment is part of a well-maintained residential complex with a communal pool, ideal for enjoying the Mediterranean climate all year round. The location is unbeatable: surrounded by all essential services such as supermarkets, schools, bus stops, shops, and cafés. Just 700 meters away is Acequión Beach — perfect for walking or relaxing by the sea. The vibrant city center is also within walking distance, with plenty of cultural and leisure options. Ideal as a permanent residence, holiday home, or high-yield investment
Property Features
- 2 bedrooms
- 1 bathroom
- 70m² Build size
- Swimming Pool
- Near bus route
- Heating, Central
- Pool, Communal
- Elevator
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,800€
Final Payment of 90% on completion
115,200€
Property Purchase Expenses
Property price
128,000€
Transfer tax 8%
10,240€
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.