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Ref: AG19MLSC292354
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Stunning penthouse for sale in the prestigious La Recoleta urbanization in the Punta Prima area of Torrevieja. The apartment has three bedrooms, two bathrooms, a living room combined with a kitchen. From the living room, there are several exits to a huge terrace with a breathtaking sea view.The kitchen is equipped with modern furniture and all necessary appliances.The residential complex has three public swimming pools. The price of the apartment also includes a parking space for a car in the garage and a storage room.The distance to the sea is 100 meters. All necessary infrastructure is located near the residential complex: pharmacies, shops, restaurants, and cafes. When buying real estate in Spain, you can apply for residency in Spain. Our company helps to arrange any type of residency permit.
Property Features
- 3 bedrooms
- 2 bathrooms
- 142m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
40,575€
Final Payment of 90% on completion
392,175€
Property Purchase Expenses
Property price
435,750€
Transfer tax 8%
34,860€
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.























