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Property marketed by The Property Group
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We present this magnificent apartment located on the third floor of a building in one of the most convenient and well-connected areas of Torrevieja Just 450 meters from the port and the seafront, this apartment combines spaciousness, location, and comfort Key Features: 101 m² of built area, well-used and with an excellent layout 4 bedrooms, perfect for large families, an office, guests, or as an option for vacation rentals Spacious living-dining room with plenty of natural light, ideal for relaxing and entertaining Separate, practical kitchen with plenty of storage space 2 bathrooms, one of which is integrated into the master bedroom, converting it into a suite for greater privacy and comfort Access to the terrace, a highly valued outdoor space where you can enjoy the Mediterranean climate Excellent location, just steps from the port, Torrevieja's city center, supermarkets, schools, medical centers, shops, and public transportation An ideal opportunity to live year-round, enjoy vacation stays, or as an investment due to its proximity to the sea and large size Contact us without obligation for more information or to arrange a viewing Don't miss this opportunity!
Property Features
- 4 bedrooms
- 2 bathrooms
- 101m² Build size
- Underground parking space
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,500€
Final Payment of 90% on completion
247,500€
Property Purchase Expenses
Property price
275,000€
Transfer tax 8%
22,000€
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.