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Property marketed by The Property Group
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Discover this spectacular apartment in the Cabo Cervera area of ??Torrevieja With a constructed area of ??50 m² and completely renovated, the property features two bedrooms equipped with built-in wardrobes and an elegant open-plan living and dining room where floor-to-ceiling windows offer direct sea views The modern kitchen is fully equipped with high-end appliances for your comfort Enjoy central air conditioning for maximum energy efficiency while admiring the stunning sunsets from your private terrace Located just 400 meters from the beach, you can easily enjoy the coastal atmosphere surrounded by local restaurants, bars, and shops It also has excellent access to public transportation and is just a few minutes' drive from Alicante International Airport With a tourist license included, this property is not only ideal as a vacation home but also represents a magnificent opportunity to generate additional income through tourist rentals thanks to its privileged location in a highly sought-after area Shall we schedule your visit?
Property Features
- 2 bedrooms
- 1 bathroom
- 50m² 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.