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Ref: MLSC3104963
Property marketed by The Property Group
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For sale a large apartment with 4 bedrooms and 2 bathrooms, located in the very center of Torrevieja, on Calle Campoamor Just a 5-minute walk to the central square and town hall, and 10 minutes to the main city beaches The apartment is on the 5th floor of a 6-story brick building with an elevator From the spacious living room, there is access to a large balcony with city views Layout includes: - Entrance hall and long corridor - Cozy living room with balcony - Separate kitchen with laundry room - 4 bedrooms with built-in wardrobes - 2 bathrooms The property is in excellent condition, recently renovated, fully furnished, and equipped with appliances and everything needed for comfortable living
Property Features
- 4 bedrooms
- 2 bathrooms
- 135m² Build size
- Traditional
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,000€
Final Payment of 90% on completion
144,000€
Property Purchase Expenses
Property price
160,000€
Transfer tax 8%
12,800€
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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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.