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Ref: AG19MLSC9630287
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This magnificent villa is located in a privileged area of Torrevieja, offering stunning open views of the Salt Lake. The property sits on a spacious 580 m² plot with south orientation, ensuring natural light all day. It features 6 bedrooms and 5 bathrooms, several en suite. In excellent condition, it also offers great potential for customization: add a private pool, refresh with new furniture, and easily turn it into a true luxury home. Ideal for families seeking comfort and space, or as a high-return investment through Airbnb.
Property Features
- 6 bedrooms
- 5 bathrooms
- 338m² Build size
- 580m² Plot size
- Swimming Pool
- Solarium
- Jacuzzi
- Aircondition, Provision
- Pool, Communal
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
50,900€
Final Payment of 90% on completion
485,100€
Property Purchase Expenses
Property price
539,000€
Transfer tax 8%
43,120€
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.