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Ref: AG19MLSC2342990
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Discover this charming studio located in the coveted area of Playa de los Locos, Torrevieja. With a constructed area of 35 m² and completely renovated, this property is ideal for enjoying the coastal lifestyle you've always dreamed of. Located just 200 meters from the sea, you can walk to the beach in just three minutes. It also has a full bathroom and is surrounded by various amenities, such as nearby buses for your daily commute, as well as shopping centers and schools within the area; ensuring both convenience and quality of life in its surroundings. This offer is presented at the attractive asking price of €92,000.
Property Features
- 0 bedrooms
- 1 bathroom
- 35m² Build size
- Near bus route
- Heating, Central
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,200€
Final Payment of 90% on completion
82,800€
Property Purchase Expenses
Property price
92,000€
Transfer tax 8%
7,360€
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.