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Ref: 2025136/9135
Property marketed by CarmenUlloa Real Estate

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APARTMENT IN THE CENTER OF ALICANTE NEAR LAS CIGARRERAS~~Are you looking for an apartment right in the heart of Alicante? Located close to Las Cigarreras and just 1,200 meters from the sea, this property offers great potential after renovation to adapt it to your needs – whether as a home or an investment. With a built area of 100 m² and a usable area of 92 m², it provides multiple possibilities.~~The apartment has 3 double bedrooms, making it an ideal choice for families or rental purposes. Its east-facing orientation and fully exterior layout ensure bright rooms throughout the morning as well as pleasant urban views.~~Although in need of renovation, it represents an excellent opportunity for those wishing to create their home in the city center or for investors seeking one of the Mediterranean’s most desirable locations. The Las Cigarreras area, also close to Alicante’s Bullring, is currently experiencing strong growth and development.~~Approximate distances:~Nearest beach: Playa del Postiguet 1.2 km (about 15 minutes walking)~Alicante city center (Town Hall): 0.9 km (11–13 minutes walking)~Alicante Airport (El Altet): 11–12 km (15–20 minutes by car)~~Contact us now for more information and to schedule a viewing with no obligation!~~Legal notice: The information provided is for guidance only and is not legally binding; it may contain errors.~~Professional Real Estate Agent number 692 --- Register of Real Estate Agents of the Valencian Community 1862
Property Features
- View Virtual Tour
- 3 bedrooms
- 1 bathroom
- 100m² Build size
- Wardrobes cupboard
- Laundry
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,000€
Final Payment of 90% on completion
144,000€
Property Purchase Expenses
Property price
160,000€
Transfer tax 8%
12,800€
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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