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Ref: AG19MLSC4651814
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Located in the heart of Torrevieja, this cozy apartment offers the perfect combination of comfort, style, and location. Just 900 meters from the beach and surrounded by all essential services, it is ideal as a permanent residence, holiday home, or investment. The property, semi-renovated and with a modern design, consists of 1 bedroom with built-in wardrobe and direct access to a practical patio, 1 full bathroom with shower, a bright living-dining room with fully equipped American-style kitchen, and a glazed terrace that, thanks to its excellent orientation, is filled with natural light throughout the day. The building also offers communal areas ideal for relaxation and leisure, including a communal solarium and a swimming pool to enjoy on sunny days. A home ready to move into, in a privileged location and with all the amenities at your fingertips.
Property Features
- 1 bedroom
- 1 bathroom
- 59m² Build size
- Swimming Pool
- Solarium
- Near bus route
- Aircondition, Split system
- Pool, Communal
- Elevator
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,200€
Final Payment of 90% on completion
127,800€
Property Purchase Expenses
Property price
142,000€
Transfer tax 8%
11,360€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.