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Studio apartment with 1 bathroom in Torrevieja (El Chaparral), AlicanteThis charming studio apartment offers a cozy and practical living space, ideal as a first home or rental investment It features a glazed balcony that provides a perfect spot for relaxation or enjoying peaceful moments Located in a quiet, natural neighborhood surrounded by greenery, the residence offers a serene environment for rest and recharge Just ten minutes from the beach and near popular bathing spots like Playa de los Locos and La Mata, it combines easy coastal access with the convenience of nearby amenities Within a five-minute walk, you'll find supermarkets, restaurants, a pharmacy, and public transportation, making daily life effortless Built in 1988 and situated on the first floor with Southeast orientation, this 25 m2 apartment blends tranquility with accessibility for those seeking comfort near the seaThe apartment requires some tender loving careSUMA/IBI: 130€/YearlyCommunity fees: 100€/YearlyBedrooms: 0Bathrooms: 1Build Size: 25 m2Floor: 1stOrientation: SoutheastYear of construction: 1988Air conditioningGlazed balconyNo ElevatorCommunal solarium with stunning views
Property Features
- 0 bedrooms
- 1 bathroom
- 25m² Build size
- Double Bedrooms: 5
- Heating
- Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
3,500€
Final Payment of 90% on completion
58,500€
Property Purchase Expenses
Property price
65,000€
Transfer tax 8%
5,200€
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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Spanish Property News & Updates by Spain Property Portal.com
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.























