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Ref: AG19MLSC8829501
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Parking Space in Loma 99, Torrevieja Parking space located on the ground floor of a two-level garage, 12 m² in size, number 27. An ideal and secure solution for residents or frequent visitors to the area: – Convenient and safe parking in a residential building. – Easy access from the street. – Gated and controlled access. – Dry, spacious, and well-kept space for your car. Due to its excellent location in one of the most sought-after areas of Torrevieja, this is not only a practical purchase but also a smart investment — parking spaces like this are always in demand and easy to rent out. Contact us today for more information or to arrange a visit. We speak your language!
Property Features
- 0 bedrooms
- 0 bathrooms
- 12m² Build size
- Near bus route
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
3,990€
Property Purchase Expenses
Property price
6,990€
Transfer tax 8%
559€
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.