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Ref: EMA6702Z
Property marketed by España Dream Properties

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We present this charming villa for sale in Torreta Florida, one of the quietest and most sought-after residential areas in Torrevieja. With a 193 m² plot, this property offers an excellent balance of space, functionality, and privacy.~~Distributed over two independent floors, the property has a total constructed area of 83 m².~The property is spread over two separate floors, ideal for large families, guest accommodation, or as an investment for holiday rentals:~~
Property Features
- 3 bedrooms
- 2 bathrooms
- 83m² Build size
- 193m² Plot size
- All Foreign
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
20,990€
Final Payment of 90% on completion
215,910€
Property Purchase Expenses
Property price
239,900€
Transfer tax 8%
19,192€
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.