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Ref: AG19MLSC1140452
				
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				Modern one-bedroom apartment with designer renovation in Torrevieja. The apartment with an area of 36 m2 is sold with furniture and appliances.Walking distance to the central beach and promenade;600 m to hospital, schools, restaurants;Good transport links.The apartment has undergone a major renovation.Underfloor heating in all rooms;Bathrooms are equipped with all necessary amenities;Air conditioning;Electronic locks and video surveillance;Lift with street access.Online reservation is possible, as well as purchasing on credit from a bank at 4-6% interest per year.	
				
			
			Property Features
- 1 bedroom
- 1 bathroom
- 36m² Build size
Costing Breakdown
Standard form of payment
		
							Reservation deposit
							3,000€
		
							Remainder of deposit to 10%
							12,200€
		
							Final Payment of 90% on completion
							136,800€
		
							Property Purchase Expenses
							Property price
							152,000€
		
							Transfer tax 8%
							12,160€
		
							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.
 
				 
		
		









 
							 
							 
							 
							 
							 
							 
							 
							

