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Ref: W-030WV3
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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This stylish and modern villa in Torrevieja offers accommodation beyond the ordinary. Perfectly located in a quiet and established residential area, within walking distance to restaurants, grocery stores, and beaches. The house features 3 spacious bedrooms and 3 luxurious bathrooms, all tastefully designed with exclusive material choices and thoughtful details that provide an elegant overall impression. The open floor plan, combined with generous ceiling height and large windows, creates a bright and airy feeling throughout the home. The south-facing plot offers sun from morning to evening, and here you will find a private pool as well as an electrically controlled pergola with LED lighting and side awnings – a perfect spot for long dinners or relaxing shade on warm days. From the house's balcony and especially from the impressive rooftop terrace, you have expansive sea views, a place where you can enjoy the sun with unbeatable vistas. This villa is perfect for those seeking a comfortable, modern lifestyle with proximity to everything Torrevieja has to offer – from beach life and restaurants to shopping and services. A home to enjoy year-round, or as an exclusive holiday residence in the sun.
Property Features
- 3 bedrooms
- 3 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
71,900€
Final Payment of 90% on completion
674,100€
Property Purchase Expenses
Property price
749,000€
Transfer tax 8%
59,920€
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.