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Property marketed by The Property Group
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This beautifully renovated house is located just 3 km from Torrevieja's stunning beaches, in a quiet, gated community on the outskirts of the city, nestled between tranquil lakes and the Mediterranean Sea, offering a unique microclimate With a surface area of ??84 m2, this sunny house has 3 bedrooms, 2 bathrooms, a living room with an open kitchen, and two terraces Its orientation ensures plenty of natural light On the lower terrace, you'll find a dining area with a table and chairs, along with a private Jacuzzi with a heat pump, which will heat the water up to 40°C! The property is located within a secure, gated complex, with the largest and most impressive pool in the area Shops, restaurants, a water park, and a shopping center are all within walking distance Whether you're looking for a place to call home or a profitable rental investment, this property offers the best options You can expect many opportunities to earn money It is an excellent choice for those looking for a fixed income throughout the year
Property Features
- 3 bedrooms
- 2 bathrooms
- 66m² Build size
- Communal Pool
- Garden
- Ceramic cooker
- Jacuzzi
- Patio
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
22,000€
Final Payment of 90% on completion
225,000€
Property Purchase Expenses
Property price
250,000€
Transfer tax 8%
20,000€
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.