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Property marketed by Spanish Best Homes 2010, s.l.

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Penthouse in Torrevieja Live the sun, the sea and comfort in your new home For sale exclusive penthouse in Torrevieja, located at Calle San Miguel de Salinas, 41, for 159,500. With an annual property tax (IBI) of just 200.36, this property is a unique opportunity on the Costa Blanca.Built in 1989 and ready to move in, the apartment offers a smart layout a cozy living room connected to a 10 m² glazed terrace, perfect to enjoy Mediterranean sunshine all year round. The open-plan kitchen is functional and modern, giving the home a spacious and bright atmosphere.The location is unbeatable surrounded by restaurants, supermarkets, pharmacies, bars, shops, shopping centers, and only 44 km from Alicante International Airport, ensuring excellent connections throughout Europe.Nearby beaches include Playa de los Náufragos (1 km) and Playa del Acequión (1.2 km), both awarded the Blue Flag for their quality and services. Torrevieja also offers the stunning Natural Park of La Mata and Torrevieja Lagoons, a great place for walking, outdoor sports, or relaxation, all under a climate of more than 300 sunny days per year.Key FeaturesPrice 159,500Location Calle San Miguel de Salinas, 41 TorreviejaAnnual IBI 200.36Built area 80 m²Glazed terrace 10 m²Bedrooms 2Bathrooms 1 fullOpen-plan kitchenYear built 1989Private garage includedCondition Ready to move in Dont miss this opportunity! Book your viewing today and enjoy your new home by the Mediterranean.
Property Features
- 2 bedrooms
- 1 bathroom
- 80m² Build size
- Swimming Pool
- Garage
- Garden
- 0 Pool
- Terrace
- Basement
- Air Conditioner
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,950€
Final Payment of 90% on completion
143,550€
Property Purchase Expenses
Property price
159,500€
Transfer tax 8%
12,760€
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.