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Ref: AG19MLSC8852112
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An apartment is for sale on the first line of the sea in the city of Torrevieja. The apartment has an area of 115 m2. It consists of three bedrooms, two bathrooms, a separate kitchen with access to a balcony, a living room with access to a terrace, which offers a magnificent sea view.An ideal apartment for permanent residence, for an unforgettable vacation, or for renting out.Torrevieja is a popular Spanish resort town and municipality in the province of Alicante on the southern part of the Costa Blanca coast. The city is considered the third largest in the province after Alicante and Elche. The resort is popular due to its favorable Mediterranean climate, beautiful sandy beaches, and numerous saltwater lagoons around.This property can be purchased online without coming to Spain, with a bank loan at 3-6% interest annually. When buying real estate in Spain, it is possible to obtain a residence permit. Our company helps with obtaining any type of residency permit.
Property Features
- 3 bedrooms
- 2 bathrooms
- 120m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
25,500€
Final Payment of 90% on completion
256,500€
Property Purchase Expenses
Property price
285,000€
Transfer tax 8%
22,800€
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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