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Top-floor bungalow in Aguas Nuevas – Torrevieja Perfect for enjoying the Mediterranean lifestyle This cozy top-floor bungalow is located in the popular Aguas Nuevas area, just 17 km from the beach and close to all amenities: supermarkets, restaurants, public transport, and more 2 bedrooms 1 bathroom with shower Terrace with large storage room – very practical extra space Communal pool for sunny days Quiet and well-connected location Ideal as a holiday home or for year-round living Contact us for more information or to schedule a viewing Legal costs and VAT not included in the price
Property Features
- 2 bedrooms
- 1 bathroom
- 48m² Build size
- Communal Pool
- Laundry Room
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,256€
Final Payment of 90% on completion
119,304€
Property Purchase Expenses
Property price
132,560€
Transfer tax 8%
10,605€
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.