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Ref: MLSC8617489
Property marketed by The Property Group
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Spacious apartment located in the city center, about 200 m from the Promenade and the Natural Pools It consists of an entrance hall, a spacious living room with large windows and a terrace, a fully equipped separate kitchen with a pantry room (with a sink, washing machine,), two double bedrooms, a simple bedroom and two bahtrooms (one with a shower, the other with a bathtub) Furnished Wardrobes in the bedrooms South and West facing Elevator in the builing Perfect location, close to all amenities, restaurants, cafes, shops, supermarkets, bus stops, the new leisure area of the Port of Torrevieja and about a 10-minute walk to the beach Playa del Cura
Property Features
- 3 bedrooms
- 2 bathrooms
- 128m² Build size
- Single Bedrooms: 3
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
15,900€
Final Payment of 90% on completion
170,100€
Property Purchase Expenses
Property price
189,000€
Transfer tax 8%
15,120€
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.