3 bedroom Commercial Property for sale in Torrevieja, Alicante, Spain

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Ref: SIH-49265

Property marketed by Sunland

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. . Apartment with sea views on Avenida Gregorio Marañón. Bright, 89 m² seventh-floor apartment, located across from the beach and with direct access from the building. The apartment features three large bedrooms, all exterior and with sea views, a full bathroom, and an additional toilet. It has a spacious and bright living-dining room with access to a terrace, ideal for enjoying the surroundings. The kitchen is separate and fully equipped. Sold furnished and ready to move into. The building offers communal parking, adding convenience in such a sought-after area. Ideal as a primary residence, second home, or beachfront investment.

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Property Features

3 bedrooms
1 bathroom
89m² Build size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

15,500€

Final Payment of 90% on completion

166,500€

Property Purchase Expenses

Property price

185,000€

Transfer tax 8%

14,800€

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.

Mortgage Calculator

Mortgage Amount:

185,000€

Deposit:

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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.