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Ref: EMA8979W
Property marketed by España Dream Properties

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Discover this charming, recently renovated bungalow located in the sought-after area of Nueva Torrevieja. Nestled on the outskirts of the city, this property offers a perfect balance of tranquility and convenience. Shops, supermarkets, bars, and other amenities are nearby, providing easy access to everything you need on a daily basis.This modern bungalow features 2 spacious bedrooms and an elegant bathroom. It has been completely renovated with care, meaning you'll benefit from new electrical wiring, plumbing, and furniture. The bathroom has also been fully refurbished, adding a touch of freshness and modernity to the property.One of the major highlights of this bungalow is its superb 20 square-meter terrace. Imagine yourself enjoying the Mediterranean sun year-round, whether it's for relaxation, outdoor dining, or simply savoring a cup of coffee in the morning. It's the perfect space to make the most of the exceptional climate of the region.Furthermore, this community is known for its tranquility, offering a peaceful environment where you can unwind. Whether you're looking for a primary residence or a holiday home, this renovated bungalow is an opportunity not to be missed.
Property Features
- 2 bedrooms
- 1 bathroom
- Fiber Optic
- Furnished
- Air conditioner
- Heating
- Electricity
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,900€
Final Payment of 90% on completion
116,100€
Property Purchase Expenses
Property price
129,000€
Transfer tax 8%
10,320€
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.