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Ref: 12719
Property marketed by Inmo Investments

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This cosy ground-floor home in Torrevieja offers a private tiled garden, bright living room, fitted kitchen, back patio and guest toilet. Upstairs you’ll find two bedrooms, a full bathroom and access to a private solarium, perfect for enjoying the Mediterranean sun. The property is part of a quiet residential complex with communal pool and gardens, just minutes from the city centre and beaches. A ready-to-move-in home, ideal as a permanent residence or holiday retreat.
Property Features
- 2 bedrooms
- 1 bathroom
- 83m² Build size
- 105m² Plot size
- Swimming Pool
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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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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.