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Ref: EYSH2634T
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Discover this spacious and bright 3-bedroom, 2-bathroom apartment located in the heart of Torrevieja, less than 200 metres from the sea. Situated on the third floor with northeast orientation, it offers 100 m² of built area, providing a comfortable and functional space—ideal for families or as an investment.The living-dining room opens onto a terrace that’s perfect for enjoying the Mediterranean climate and sea views. The kitchen is independent and includes a utility area.A parking space is included in the price, and the property has pre-installed air conditioning, adding comfort and extra value in the city centre.All services, such as supermarkets, restaurants, medical centres, and leisure areas, are just a short walk away. An excellent opportunity to live or invest in one of the most sought-after areas of Torrevieja.
Property Features
- 3 bedrooms
- 2 bathrooms
- aire acondicionado
- ascensor
- garaje
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,900€
Final Payment of 90% on completion
161,096€
Property Purchase Expenses
Property price
178,995€
Transfer tax 8%
14,320€
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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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.