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Property marketed by Inmo Investments

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~This charming bungalow is located in the quiet and sought-after area of El Chaparral, Torrevieja. The property has been fully renovated and offers a comfortable and functional living space with great potential.~~It features a spacious, fully equipped independent kitchen—ideal for those who love to cook. Originally, the home had two bedrooms, but one was opened up to expand the living room. There is the possibility to restore the second bedroom if desired.~~The living room has air conditioning and access to a fantastic 25 m² southeast-facing terrace—perfect for enjoying the sun all year round. A private jacuzzi is also included, creating a relaxing outdoor retreat.~~The property is sold unfurnished and undecorated, allowing you to personalize it to your taste. ~~An ideal choice as a main residence, holiday home, or rental investment.
Property Features
- 1 bedroom
- 1 bathroom
- 80m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,726€
Final Payment of 90% on completion
105,534€
Property Purchase Expenses
Property price
117,260€
Transfer tax 8%
9,381€
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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Spanish Property News & Updates by Spain Property Portal.com
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.