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Ref: MLSC5778510
Property marketed by The Property Group
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For sale: renovated apartment with a modern style, located just 180 meters from Acequión Beach, one of the most peaceful and family-friendly beaches in Torrevieja With calm waters and a relaxed atmosphere, it's ideal for year-round living or as a holiday home Main features: 2 bedrooms 1 full bathroom Equipped kitchen and living room with contemporary design Air conditioning Year of construction: 2002 The apartment features a well-maintained design and quality materials The area offers all essential services: supermarkets, restaurants, pharmacies, and public transport within walking distance An excellent opportunity for investment or to establish your home by the sea For more information or to arrange a viewing, please get in touch
Property Features
- 2 bedrooms
- 1 bathroom
- 61m² Build size
- Category-Golf
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,700€
Final Payment of 90% on completion
105,300€
Property Purchase Expenses
Property price
117,000€
Transfer tax 8%
9,360€
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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Spanish Property News & Updates by Spain Property Portal.com
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.