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Introducing this spectacular renovated apartment in the coveted area of ??Punta Prima, Torrevieja With an unbeatable location just 100 meters from the sea, this property offers the perfect balance between convenience and coastal lifestyle The property features two bright double bedrooms and two fully equipped bathrooms that guarantee privacy and comfort for its residents Enjoy pleasant moments in the spacious outdoor living room or relax by the communal pool surrounded by well-kept gardens The price includes a closed garage, ideal for protecting your vehicle, as well as an additional storage room where you can easily store your belongings The east-facing location provides natural light throughout the day and unobstructed views that further enhance the daily experience The development is equipped with various nearby amenities, including buses, shopping centers, and schools, making this location an excellent option for both permanent residence and unforgettable vacations by the sea Contact us for more information
Property Features
- 2 bedrooms
- 2 bathrooms
- 92m² Build size
- Traditional
- Communal Pool
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
21,000€
Final Payment of 90% on completion
216,000€
Property Purchase Expenses
Property price
240,000€
Transfer tax 8%
19,200€
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.