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Ref: SIH-61983
Property marketed by Sunland
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. Discover this fantastic penthouse in Torrevieja, perfectly oriented to the south to enjoy the best natural light all day long and located just a few minutes from the sea.. . Main features:. . 2 spacious bedrooms. . 1 full bathroom. . Bright living-dining room. . Fully equipped independent kitchen. . Large terrace, ideal for relaxing or outdoor gatherings. . Sold furnished and with air conditioning. . Optional garage. . Communal areas:. . Swimming pool. . Green areas to walk and enjoy with the family. . Prime location:. Surrounded by all services (supermarkets, restaurants, transport, shops, etc.) and within walking distance to the sea.. . A unique opportunity to live in a privileged environment with all the comforts, perfect both as a permanent residence and as a holiday home.
Property Features
- 2 bedrooms
- 1 bathroom
- 60m² Build size
- Swimming Pool
- Terrace
- Elevator
- Community Pool
- Furniture
- Air-Conditioning
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,000€
Final Payment of 90% on completion
126,000€
Property Purchase Expenses
Property price
140,000€
Transfer tax 8%
11,200€
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.