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Ref: AG19MLSC2253110
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This charming studio is for sale, located in the very heart of the city, one of the most touristic towns with the best climate on the Southern Coast of Spain. Torrevieja has it all – there’s never a dull moment here! The studio is very bright and functional, designed to make the most of every square meter. It features a cozy living-bedroom space with a sofa bed, practical furniture, and details that add warmth to the atmosphere. The kitchen is integrated and fully equipped, ready for cooking without the need for any renovations. There is also a complete bathroom with a modern shower, plus a glazed terrace, perfect as an extra space to relax, work, read, or even use as a dining area. For added comfort, the property includes air conditioning, a ceiling fan, and comes fully furnished and equipped, ready to move in from day one. Its location is unbeatable, with all services within easy reach: beaches, supermarkets, shops, restaurants, bars, pharmacies, shopping centers, golf courses, the Aquopolis water park, and a vibrant nightlife. Ideal as a permanent residence, vacation home, or rental investment on the coast!
Property Features
- 0 bedrooms
- 1 bathroom
- 25m² Build size
- Near bus route
- Aircondition, Split system
- Elevator
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,200€
Final Payment of 90% on completion
82,800€
Property Purchase Expenses
Property price
92,000€
Transfer tax 8%
7,360€
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%.
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.