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Ref: MLSC8218719
Property marketed by The Property Group
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Apartment for sale in the city of Torrevieja, near Acequion beach The apartment has an area of 86 m2 It consists of two bedrooms, a bathroom, a kitchen, and a living room with access to the terrace The terrace offers a partial view of the seaThe apartment has been renovated, and some furniture has been partially replacedThe distance to the sea is 150 metersThere are pharmacies, restaurants, cafes, grocery stores, and household shops within walking distanceThe apartment has a tourist licenseTorrevieja is a popular Spanish resort town and municipality in the province of Alicante on the southern Costa Blanca coast It is considered the third-largest city in the province after Alicante and Elche The resort is popular due to its favorable Mediterranean climate, beautiful sandy beaches, and numerous salt lakes and lagoons aroundOnline reservation is possible, as well as purchasing on credit from a bank at 4-6% annual interest
Property Features
- 2 bedrooms
- 1 bathroom
- 86m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,850€
Final Payment of 90% on completion
151,650€
Property Purchase Expenses
Property price
168,500€
Transfer tax 8%
13,480€
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.



