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Property marketed by The Property Group
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???? Cozy home in a residential complex with pool, just minutes from the center of Torrevieja This property is perfect both as a permanent residence and as a holiday home It is located in a quiet residential area with a communal pool and gardens, on the outskirts of Torrevieja but just a short walk from the city center and all services ? Main features: ???? Private tiled garden of 25 m², ideal for gatherings or sunbathing ????? Ground floor with living room, fitted kitchen, back patio and guest toilet ????? First floor with 2 bedrooms and a full bathroom with bathtub ?? Private solarium to enjoy the Mediterranean climate all year round A complete and comfortable home with outdoor spaces to enjoy with family and friends ???? Strategic location: quiet yet well connected, close to supermarkets, schools, public transport, and only minutes away from the beaches of Torrevieja If you are looking for a ready-to-move-in home in a well-kept environment with a pool, this is your opportunity!
Property Features
- 2 bedrooms
- 1 bathroom
- 83m² Build size
- 105m² Plot size
- Communal Pool
- Garden
- Laundry Room
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,000€
Final Payment of 90% on completion
144,000€
Property Purchase Expenses
Property price
160,000€
Transfer tax 8%
12,800€
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.