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Ref: AG19MLSC7795305
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This charming south-facing studio is located on the first floor in the peaceful area of San Luis, Torrevieja, Alicante. Recently decorated and in excellent condition, it’s ready for you to move in and start enjoying the sunny Mediterranean lifestyle.The apartment has 45 m² of living space, including a fold-out sofa bed, a fully equipped kitchen, a full bathroom, and a sunny balcony – ideal for relaxing outdoors. Thanks to its southern orientation, you'll enjoy sunlight all year round.Located just 100 meters from the Las Lagunas Natural Park, the home offers a unique setting surrounded by nature, yet close to all essential amenities.Key Features:45 m² built areaStudio layout with 1 bathroomBalcony and terraceAir conditioning installedPrivate parking space includedFirst floor (no elevator)Furnished and ready to move inLow annual fees and maintenance costsSouth-facing – very brightAn ideal property for first-time buyers, permanent living, or as a holiday home.
Property Features
- 1 bedroom
- 1 bathroom
- 45m² Build size
- Veranda
- Parking, Garage
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
3,600€
Final Payment of 90% on completion
59,400€
Property Purchase Expenses
Property price
66,000€
Transfer tax 8%
5,280€
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.