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Ref: AG19MLSC8005605
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Beautiful 1 bedroom flat in Torrevieja On the third floor of a building with lift you find this cosy flat. This property is an excellent opportunity both for investment and to enjoy your own holidays by the sea. The flat is distributed in a practical and comfortable way. It has one bedroom, a complete bathroom, a fully equipped kitchen and a pleasant living-dining room with direct access to a private terrace. A perfect place to relax or enjoy a coffee in the open air. Sold fully furnished, ready to move into. Located just a few minutes walk from the beach, with all amenities at hand - restaurants, supermarkets, public transport. LOCATION: Torrevieja is in the province of Alicante (Costa Blanca). It is famous for its Mediterranean climate and its coast. We cannot forget its promenades where we can find some restaurants along the fine sandy beaches. It also has many excellent beaches such as Playa de los Náufragos (2 km away), Playa de los Locos (2 km away) and Playa de la Mata (4 km away). Therefore, it is considered a remarkable tourist town where the environment takes an important place as an important tourist attraction. In addition, we can find many shopping centres (Habaneras, La Zenia Boulevard), golf courses, sport centres, hospitals (such as Hospital Universitario de Torrevieja) and airports such as Alicante Airport (35 km away) and Region of Murcia International Airport (43 km away). DISTANCE TO THE SEA: 500m COMUNITY: 240 €. IBI: 176 €. Should you have any question do not hesitate to contact us!
Property Features
- 1 bedroom
- 1 bathroom
- 53m² Build size
- Near bus route
- Elevator
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,490€
Final Payment of 90% on completion
94,410€
Property Purchase Expenses
Property price
104,900€
Transfer tax 8%
8,392€
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.