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Ref: AG19MLSC5732764
Property marketed by Spain Property Shop S.L
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For sale is a three-bedroom bungalow in the residential complex "Parque de las Naciones". The bungalow is located on the top floor and has three bedrooms, two of which are on the first floor, a living room combined with a kitchen, as well as a rooftop area with entrance to a separate room. Also on the roof, there is a room where the boiler and washing machine are located, which is undoubtedly convenient for drying clothes. The first floor of the bungalow is fully renovated. New furniture and appliances, as well as plumbing, are installed. The room on the second floor is partially renovated.In the residential complex, there is a communal pool, a small park, and a sports area. The bungalow is located 10 minutes' walk from the beach and the center of Torrevieja, in a quiet area. Nearby there are supermarkets, schools, medical facilities, and banks.When buying real estate in Spain, it is possible to obtain residency in Spain. Our company helps to arrange any type of residence permit.
Property Features
- 2 bedrooms
- 1 bathroom
- 100m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,800€
Final Payment of 90% on completion
133,200€
Property Purchase Expenses
Property price
148,000€
Transfer tax 8%
11,840€
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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