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Ref: MLSC4106989
Property marketed by The Property Group
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We present you at the Costa Blanca Alicante a dreamapartment a Penthouse 50m from the beach at the famous and wanted Playa Los Locos in Torrevieja! This flat have 1 double bedroom with access to the terrace, an open equiped kitchen, a bathroom with a spacious shower and a terrace from 17m2 with seaview! Included a garage! Close to restaurants and bars! Walking distance to supermarket and the center of Torrevieja!
Property Features
- 1 bedroom
- 1 bathroom
- 73m² Build size
- Residencial
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
17,900€
Final Payment of 90% on completion
188,100€
Property Purchase Expenses
Property price
209,000€
Transfer tax 8%
16,720€
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%.
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.