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Ref: AG19MLSC8976907
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Beautiful ground floor apartment with pool views in the heart of Torrevieja, Alicante.This charming ground floor apartment offers the perfect combination of comfort, location, and investment potential. Ideally situated in the center of Torrevieja, the property is just a short walk from local shops, restaurants, cafes, and the lively Mediterranean coastline.The apartment features a bright south-facing orientation, allowing for plenty of natural light throughout the day, and a private terrace overlooking the communal swimming pool – the perfect spot to relax and enjoy the Spanish sunshine.Inside, the home consists of:•2 spacious bedrooms•1 modern bathroom•An inviting living and dining area with direct access to the terrace•A practical fully equipped kitchen•Air conditioning for year-round comfort•Beach Access: A leisurely 15-minute walk (about 1km) leads you to the nearest beaches With its prime central location and sought-after orientation, this property has proven to be an extremely successful rental on Airbnb, making it an excellent investment opportunity with a strong rental yield. At the same time, it serves as an ideal holiday home for personal use, offering a convenient and relaxing retreat close to everything Torrevieja has to offer.Whether you are searching for a profitable investment or a cozy getaway on the Costa Blanca, this apartment is a fantastic choice.
Property Features
- 2 bedrooms
- 1 bathroom
- 57m² Build size
- Handicap accessible
- Parking, Uncovered
- Elevator
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,900€
Final Payment of 90% on completion
107,100€
Property Purchase Expenses
Property price
119,000€
Transfer tax 8%
9,520€
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.