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Renovated penthouse just 250 metres from the beach in Torrevieja.
This cozy, fully renovated penthouse is located just 250 m from the sea and close to all amenities. Situated on the fifth floor of a building with a lift, it’s sold furnished and ready to move into. A perfect option for a holiday home or as a low-maintenance investment.
Main features
1 bedroom and 1 bathroom
1 office
Open-plan kitchen connected to the living area
Built area: 42 m²
Private terrace
Communal solarium
Community pool
North-facing
Furnished and equipped
Lift in the building
Year of construction: 1989
Annual costs
IBI: €200
Community fees: €360
This cozy, fully renovated penthouse is located just 250 m from the sea and close to all amenities. Situated on the fifth floor of a building with a lift, it’s sold furnished and ready to move into. A perfect option for a holiday home or as a low-maintenance investment.
Main features
1 bedroom and 1 bathroom
1 office
Open-plan kitchen connected to the living area
Built area: 42 m²
Private terrace
Communal solarium
Community pool
North-facing
Furnished and equipped
Lift in the building
Year of construction: 1989
Annual costs
IBI: €200
Community fees: €360
Property Features
- 1 bedroom
- 1 bathroom
- 42m² Build size
- Swimming Pool
- Terrace
- Furnished
- Pool
- Key Ready
- Pool type: Communal
- Beach distance: 250
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,000€
Final Payment of 90% on completion
135,000€
Property Purchase Expenses
Property price
150,000€
Transfer tax 8%
12,000€
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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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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.