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Ref: AG19MLSC7027263
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This charming ground floor bungalow is located in the sought-after area of Los Frutales, just 400 meters from the beach and surrounded by all the necessary services to enjoy daily life without the need for a car. The property stands out for its spacious outdoor areas: a main terrace with a porch, ideal for relaxing or spending time with family. A second large terrace/garage, adding up to a total of 60m² of private outdoor spaces. In addition, it has a 21m² rear patio with a barbecue area and storage room, perfect for outdoor leisure. Inside, we find a bright living-dining room with air conditioning, a fully independent and equipped kitchen with direct access to the large patio, 2 spacious and bright double bedrooms with built-in wardrobes, and a complete bathroom with bathtub. As an added value, the complex offers a recently renovated communal pool, modern and refreshing, ideal for the summer months. A property with great potential, perfect both for year-round living and for investment in holiday rentals in one of the most attractive areas of Torrevieja.
Property Features
- 2 bedrooms
- 1 bathroom
- 60m² Build size
- Swimming Pool
- Garden
- Veranda
- Near bus route
- Aircondition, Split system
- Pool, Communal
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,900€
Final Payment of 90% on completion
143,100€
Property Purchase Expenses
Property price
159,000€
Transfer tax 8%
12,720€
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.