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Ref: MLSC9984081
Property marketed by The Property Group
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We present an excellent opportunity to acquire a detached garage, located in the sought-after area of Habaneras, (Street Arquitecto Larramendi, 8), Torrevieja With a total usable area of 5 m², this property is in good condition and ready to move into Its prime location offers easy access to the famous Cura and Los Locos beaches, as well as various local amenities, including shops, restaurants, and essential services Ideal for both residents and investors looking to secure their vehicle close to the bustling city center without sacrificing convenience or accessibility Don't miss the opportunity to invest in this functional space where you can protect your car while enjoying the coastal lifestyle that only Torrevieja can offer
Property Features
- 0 bedrooms
- 0 bathrooms
- 110m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
19,000€
Property Purchase Expenses
Property price
22,000€
Transfer tax 8%
1,760€
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.