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Modern Duplex Penthouse for Sale in Torrevieja – Only 500m from the Beach!Discover this stunning, fully renovated duplex penthouse located in one of the most sought-after areas of Torrevieja. Just 500 metres from Playa de Los Locos and 700 metres from Playa del Cura.The property offers 2 bedrooms and 2 bathrooms, one on each floor, providing comfort and privacy. Enjoy two private terraces, one on each level – ideal for relaxing, sunbathing, or dining outdoors.The apartment is sold fully furnished, with modern decor, and equipped with air conditioning for year-round comfort.Ideally situated, only 1 km from Mercadona supermarket and the bus station, with all essential services nearby.Perfect as a permanent residence, holiday home, or rental investment.Move-in ready – don’t miss this opportunity!Floor: 5 out of 5SUMA/IBI (property tax): pendingCOMUNIDAD (Association fee) : 40,30 € per month
Property Features
- 2 bedrooms
- 2 bathrooms
- Electricity
- Furnished
- Terrace
- Balcony
- Lift
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
18,500€
Final Payment of 90% on completion
193,500€
Property Purchase Expenses
Property price
215,000€
Transfer tax 8%
17,200€
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.