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Ref: AG19MLSC7229494
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Second-floor apartment located on Calle La Calera, in the center of Torrevieja. The property offers a comfortable and functional layout, with a bright double bedroom, a full bathroom with bathtub, an independent fully equipped kitchen, and a cozy living-dining room with direct access to a private terrace—perfect for enjoying the outdoors and the Mediterranean climate. The apartment is in good condition, ready to move in, and features air conditioning in the bedroom, wood interior joinery, and ceramic flooring. Sold furnished and equipped for an immediate move-in. A major advantage is the included garage space and storage room in a nearby building—highly valuable in this central area. The community is quiet, and all essential services are nearby: supermarkets, restaurants, pharmacies, and public transport. Additionally, the apartment offers the possibility to apply for a tourist licence, making it an attractive option for both permanent residence and investment as a holiday rental on the Costa Blanca.
Property Features
- 1 bedroom
- 1 bathroom
- 53m² Build size
- Near bus route
- Aircondition, Split system
- Elevator
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,800€
Final Payment of 90% on completion
88,200€
Property Purchase Expenses
Property price
98,000€
Transfer tax 8%
7,840€
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.