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Discover the Residential Building, an exclusive new development in Playa del Cura, Torrevieja, just 250 meters from the sea This modern, five-story residential building offers 16 exterior apartments with one, two, or three bedrooms, all with sunny balconies and stunning views of the sea or the city center Designed for comfort and convenience, the building includes a 90 m² commercial space, underground parking, and a rooftop terrace with a Jacuzzi and chill-out area With A+ energy efficiency, air conditioning, and a turnkey delivery date of 2026, this development guarantees an unparalleled living experience in the heart of the Costa Blanca
Property Features
- 1 bedroom
- 1 bathroom
- 52m² Build size
- Open Terrace/Patio
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,500€
Final Payment of 90% on completion
175,500€
Property Purchase Expenses
Property price
195,000€
Transfer tax 8%
15,600€
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.