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Property marketed by The Property Group
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Bungalow after full renovation in Torrevieja Spacious and functional bungalow of 70 m² with a 50 m² plot The property is unique as it consists of two separate apartments: – Main apartment: 2 bedrooms, 1 bathroom, living room, open kitchen, glazed terrace – Studio apartment: separate entrance, open-plan kitchen, bathroom The house is fully furnished with high-quality furniture and appliances Recently renovated inside and outside, everything is in excellent condition Features: – Underfloor heating in bathrooms – Air conditioning in living room and studio – Electric shutters at studio entrance – Smooth walls after renovation (rare in Torrevieja) – Fully furnished and equipped Plot 50 m²: – 2 palm trees and a banana tree – Automatic irrigation system with electronic control Urbanisation facilities: – Large communal swimming pool with natural grass sunbathing area – Tennis court – Football field – Basketball court – Large communal parking Location: – 13 km to the sea and marina – Close to promenade with tourist market and views of the salt lakes Main advantages: – Full renovation (inside and outside) – Two apartments in one bungalow – Fully furnished and equipped – Underfloor heating and air conditioning – Glazed terrace – Excellent urbanisation with pool and sports facilities – Only 13 km from the sea Perfect choice for living, holidays, or investment – live in one apartment and rent out the other Contact us for more information or to arrange a viewing — we speak your language!
Property Features
- 3 bedrooms
- 2 bathrooms
- 70m² Build size
- 50m² Plot size
- Communal Pool
- Garden
- Double Bedrooms: 1
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,880€
Final Payment of 90% on completion
178,920€
Property Purchase Expenses
Property price
198,800€
Transfer tax 8%
15,904€
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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