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Spacious apartment just 50 meters from the beach, located in the sought-after Acequión area of Torrevieja. This bright fifth-floor property offers 100m² built (70m² usable) and features 3 bedrooms, 1 full bathroom, and an additional WC, making it ideal for families or those who enjoy extra space. The layout is practical and open, with lots of natural light throughout the home. It comes fully furnished and includes all essential appliances, ready to move in. The building has an elevator and a private garage parking space, a rare and valuable asset so close to the sea. Within walking distance (200m) to all kinds of shops, restaurants, cafés, and services. Whether for permanent living or a holiday retreat, this is an unbeatable location near the Mediterranean.Floor: 5 out of 6SUMA/IBI (property tax): 280 € per yearCOMUNIDAD (Association fee): 30€ per month
Property Features
- 3 bedrooms
- 2 bathrooms
- Electricity
- Balcony
- Garage
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
28,900€
Final Payment of 90% on completion
287,100€
Property Purchase Expenses
Property price
319,000€
Transfer tax 8%
25,520€
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.