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Ref: MLSC8712474
Property marketed by The Property Group
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Spacious apartment in the center of Torrevieja, approximately 750 meters from the "Playa del Cura" and approximately 500 meters from the Promenade and the Natural pools It consists of a living room with a glazed terrace, a fully equipped American kitchen with access to a private patio, a double bedroom, a single bedroom, two bathrooms (one with a shower and one with a bathtub en-suite with the main bedroom) and a storage room on the community solarium Furnished Air conditioning Built-in wardrobes The apartment is in good condition It also has a wonderful communal solarium to enjoy the sun! There is an elevator that reaches the door to avoid steps, allowing access for people with reduced mobility Very good location, close to all amenities, supermarkets, shops, cafeterias, restaurants and the beach!
Property Features
- 2 bedrooms
- 2 bathrooms
- 85m² Build size
- Ceramic cooker
- Patio
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,500€
Final Payment of 90% on completion
130,500€
Property Purchase Expenses
Property price
145,000€
Transfer tax 8%
11,600€
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.