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Ref: AG19MLSC8830871
Property marketed by Spain Property Shop S.L
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Modern studio apartment in the center of Torrevieja with designer renovation. The 32 m² apartment is sold fully furnished and equipped with household appliances. Walking distance to the central beach and promenade; 600 m to the hospital, schools, and restaurants; Excellent transport connections.The apartment has undergone a complete renovation. Underfloor heating throughout all apartments; Bathrooms are fully equipped with everything you need; Air conditioning; Electronic locks and video surveillance; Elevator with street-level access.Online reservation is available, as well as mortgage financing from the bank at 4–6% per annum.
Property Features
- 0 bedrooms
- 1 bathroom
- 32m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,170€
Final Payment of 90% on completion
100,530€
Property Purchase Expenses
Property price
111,700€
Transfer tax 8%
8,936€
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.












