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Ref: MLSC4141928
Property marketed by The Property Group
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An apartment is for sale in Torrevieja near the Nations Park The area of the apartment is 30 m2 The apartment has one bedroom, one bathroom, a living room combined with a kitchenThe apartment is sold with furniture and household appliances, air conditioning is installed 4th floor in a building with an elevatorThere is a communal pool on the complex groundsThe infrastructure is well developed within walking distance - there is a bus stop, pharmacies, restaurants, and cafes within walking distanceOnline reservation is possible, as well as purchasing on credit from a bank at 4-6% annual interest rate
Property Features
- 1 bedroom
- 1 bathroom
- 30m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,700€
Final Payment of 90% on completion
87,300€
Property Purchase Expenses
Property price
97,000€
Transfer tax 8%
7,760€
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.



