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Ref: MLSC274259
Property marketed by The Property Group
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Discover this charming two-storey bungalow in the peaceful area of San Luis, Torrevieja Just a ten-minute drive from the stunning beaches and with all services within reach, this property is a perfect oasis to enjoy the Mediterranean sun It is distributed over two floors: On the ground floor, you are welcomed by a beautiful porch leading into a bright living-dining room connected to a fully equipped open kitchen; it also features a cozy double bedroom and a full bathroom—ideal for guests The first floor has independent exterior access: perfect as an additional residence or guest studio Enjoy the outdoors on its spacious sunny terrace or make use of the extra space by renting it out! This bungalow is not only your dream home but also an excellent real estate investment Don't wait any longer! Contact us today if you're interested
Property Features
- 2 bedrooms
- 2 bathrooms
- 48m² Build size
- Garden
- Superfast Fiber Internet
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,999€
Final Payment of 90% on completion
107,991€
Property Purchase Expenses
Property price
119,990€
Transfer tax 8%
9,599€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.