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Ref: W-030AJH
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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Welcome to an exceptional apartment located in Torrevieja (Alicante), surrounded by all services and just 10 minutes from the city center and 20 minutes from the natural pools and Playa del Cura beach. With a total area of 116.61 square meters and a living area of 98 square meters, this three-bedroom, two-bathroom home (one of them en-suite) offers a spacious, bright, and well-distributed space. Built in 2003, it is in excellent condition to move in without needing renovation. The kitchen is furnished with built-in cabinets to optimize space and connects to an exterior gallery. From the large and bright living room with open views, you can access a south-facing terrace, ideal for enjoying the sun and the outdoors. The property has two air conditioners (living room and master bedroom). Security is guaranteed with an alarm system and a security door with a triple lock. For your convenience, the apartment includes an underground parking space (10.69 square meters) and a storage room (4 square meters).
Property Features
- 3 bedrooms
- 2 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,990€
Final Payment of 90% on completion
152,910€
Property Purchase Expenses
Property price
169,900€
Transfer tax 8%
13,592€
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.