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Renovated bungalow for sale in Los Frutales 300m from the sea in TorreviejaThis elegantly renovated bungalow features a bright living room with a dining area, a separate fitted kitchen with a hatch, a bathroom with a walk-in shower, and two bedrooms In the front of the house lies a covered terrace and an open terrace with seating and sunbathing areas, as well as parking for one car Roof terrace Sold fully furnished A/CThis urbanization lies close to all necessary amenities such as supermarkets, pharmacy, shops, bars and restaurants The sea is 600m away The beach of Playa de Los Locos is 1 km away
Property Features
- 2 bedrooms
- 1 bathroom
- 70m² Build size
- Double Bedrooms: 3
- Furnished
- Garden
- Independent kitchen
- Solarium
- Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
18,000€
Final Payment of 90% on completion
189,000€
Property Purchase Expenses
Property price
210,000€
Transfer tax 8%
16,800€
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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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.