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Property marketed by The Property Group
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We present a magnificent apartment in the coveted Plaza de la Constitución, located in the heart of Torrevieja This spacious property boasts a generous built area of 471 m² and offers all the comforts that you and your family need to enjoy the Mediterranean lifestyle With five large bedrooms ideal for accommodating the whole family or hosting guests, this apartment is perfect as both a primary residence and a second home Additionally, it features two modern bathrooms equipped with all necessary amenities The southeast orientation allows sunlight to flood every corner of the home for much of the day, creating a warm and inviting atmosphere Located just 150 meters from the Mediterranean Sea, you can easily enjoy sunny days on its crystal-clear beaches or take peaceful strolls along the promenade This building is close to various local dining and shopping options; ensuring that you have everything within reach without the need for long trips or additional complications Don't miss out on this unique opportunity: invest in a quality of life that combines comfort and convenience by the sea
Property Features
- 10+ bedrooms
- 2 bathrooms
- 218m² Build size
- Orchard
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
25,500€
Final Payment of 90% on completion
256,500€
Property Purchase Expenses
Property price
285,000€
Transfer tax 8%
22,800€
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.