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Ref: AG19MLSC8734975
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For sale: A spacious 84 m² apartment (65 m² usable area) located on Calle La Loma, a quiet and well-connected area, just a 5-minute walk from Playa del Cura and the seafront promenade. The property features: – 2 bedrooms – 1 bathroom – Separate kitchen – Bright living-dining room – Sunny terrace with side sea views – Built-in wardrobes – Building with elevator and accessible access platform The apartment is in need of renovation, offering an excellent opportunity to customize it to your taste and create a modern and welcoming space. The location is unbeatable: all services are within walking distance—supermarkets, cafes, restaurants, pharmacies, and public transportation. Ideal as a permanent residence, a second home, or as a rental investment due to the high demand in the area. ? Price: €149,300 ? Calle La Loma, Torrevieja ?♂️ 5 minutes from Playa del Cura and the center
Property Features
- 2 bedrooms
- 1 bathroom
- 84m² Build size
- Elevator
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,930€
Final Payment of 90% on completion
134,370€
Property Purchase Expenses
Property price
149,300€
Transfer tax 8%
11,944€
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.