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Charming ground floor apartment with large terrace Costa Blanca SouthThis cozy apartment in Torrevieja (Costa Blanca South) is the ideal place to enjoy sun, sea and a relaxed lifestyle Located in a residential complex with communal pool, this apartment offers a combination of comfort, outdoor space and a convenient locationFeatures:Living area: 6368 m² (according to deed)Bedrooms: 2 spacious bedroomsBathroom: 1Terraces: front about 8 m² (east facing) + back about 43 m² (west facing)Floor: ground floor (small building with only 2 floors above)Building year: 2003Communal swimming pool in the residenceParking: limited spaces within the complex (not allocated) + additional parking in the back streetCommon costs: only 400/yearIBI (property tax): 25512/yearThe layout is practical with a bright living space, kitchen, 2 bedrooms and bathroom The absolute plus are the two terraces: a cozy eastern terrace for morning coffee and a large western terrace of no less than 43 m² to fully experience the afternoon and evening sunThanks to its convenient location, you are a short distance from stores, restaurants, beaches and all necessary amenities Ideal as a vacation home, investment or permanent residence under the Spanish sun
Property Features
- 2 bedrooms
- 1 bathroom
- 64m² Build size
- Communal Pool
- Garden
- Double Bedrooms: 3
- Jacuzzi
- BBQ
- Parking
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,500€
Final Payment of 90% on completion
148,500€
Property Purchase Expenses
Property price
165,000€
Transfer tax 8%
13,200€
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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