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Your Ideal Bungalow in Torrevieja Ready to Move In for €156000This cozy bungalow in Torrevieja combines comfort, a prime location, and the Mediterranean lifestyle Located in a quiet residential area built in 1993, it offers a safe and consolidated environment with all services within easy reachWithin minutes you will find restaurants, bars, schools, supermarkets, pharmacies, parks, shopping centers, and even the lively Torrevieja fair, along with excellent connections to Alicante International Airport (40 minutes by car) Main features of the property 2 bedrooms 1 full bathroom + 1 guest toilet 65 m² of comfortable living space Communal swimming pool Basement (extra space) Storage room included Beaches and tourist attractionsLos Náufragos Beach (Blue Flag) just minutes away, with clean waters and quality servicesPunta Prima Beach 10 min by car, highly valued for its family-friendly atmosphereEl Cura and Los Locos Beaches less than 15 min away, ideal for year-round enjoymentNatural Park of La Mata and Torrevieja Lagoons 12 min away, famous for its pink waters and unique trailsSeafront Promenade and Marina 10 min away, the heart of leisure and gastronomyWith more than 320 days of sunshine per year and several Blue Flag beaches, Torrevieja is the perfect destination for those seeking well-being, investment, and quality of life by the Mediterranean Price €156000 A unique opportunity to live where others only go on holiday!
Property Features
- 2 bedrooms
- 2 bathrooms
- 65m² Build size
- terrace
- furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,600€
Final Payment of 90% on completion
140,400€
Property Purchase Expenses
Property price
156,000€
Transfer tax 8%
12,480€
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.