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Ref: MLSC7107800
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Apartment for sale in Torrevieja, located on Calle San Pascual next to the central Mercadona supermarket The location is excellent, with shops, central bus station, restaurants, sports facilities, pharmacies, and schools all nearby Only a 7-minute walk to the beach and the popular promenade at Playa del CuraThe property is on the 3rd floor of a building constructed in 2006 Total area: 65 m² Annual community fee: €295 The balcony is glazed, and all windows are fitted with mosquito screens The windows face a spacious and quiet courtyard with friendly neighbors The building is connected to natural gasThe apartment is sold fully furnished with high-quality furniture, including beds with storage systems and premium mattresses The living room is furnished with a comfortable recliner sofa Additional features include air conditioning and new ceiling fan-lights operated by remote controlA garage with space for two cars is available for separate purchase It is located just one building away (3 minutes on foot), on the ground floor, with easy access and automatic doors The garage is not included in the apartment price
Property Features
- 2 bedrooms
- 1 bathroom
- 65m² Build size
- Laundry Room
- Lift
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,110€
Final Payment of 90% on completion
117,990€
Property Purchase Expenses
Property price
131,100€
Transfer tax 8%
10,488€
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.