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Property marketed by The Property Group
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I present this apartment in the center of Torrevieja It is a coastal city located on the Costa Blanca It is a tourist area, known for its multitude of beaches and its sunny climate The renovated apartment has a spacious and bright living room along with an open, fully-equipped kitchen The sun shines in all rooms It has 3 bedrooms and 2 bathrooms The bathrooms are renovated and furnished It has an interior patio and private storage room The apartment is on the ground floor Its location is very convenient: it is close to the center, about 5 minutes from Torrevieja's beaches and with all amenities nearby Torrevieja is a coastal city on the Costa Blanca It is a resort and long-term living city that is growing every year New schools, sports centers, new infrastructure, and new complexes are being built But it also offers beach tourism year-round, thanks to its wonderfully warm climate Don't miss this opportunity; contact us to make your dream come true!
Property Features
- 3 bedrooms
- 2 bathrooms
- 70m² Build size
- Pool-Communal
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,500€
Final Payment of 90% on completion
139,500€
Property Purchase Expenses
Property price
155,000€
Transfer tax 8%
12,400€
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.