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Ref: AG19MLSC5145947
				
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				Modern apartment in the center of Torrevieja with designer renovation. The 30 m2 studio apartment is sold with furniture and appliances.Walking distance to the central beach and promenade;600 m to hospital, schools, restaurants;Transport interchange for tenants.Apartment after major repairs.Warm floors in all rooms;Bathrooms equipped with everything necessary;Air conditioner;Electronic locks and video surveillance;Elevator with street access.Online reservation is possible, as well as purchase on credit from a bank at 4-6% per annum.	
				
			
			Property Features
- 0 bedrooms
- 1 bathroom
- 30m² Build size
Costing Breakdown
Standard form of payment
		
							Reservation deposit
							3,000€
		
							Remainder of deposit to 10%
							9,670€
		
							Final Payment of 90% on completion
							114,030€
		
							Property Purchase Expenses
							Property price
							126,700€
		
							Transfer tax 8%
							10,136€
		
							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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.
 
				 
		
		










 
							 
							 
							 
							 
							 
							 
							 
							

