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				Investment by the Sea: Bungalow in Cabo Cervera (Torrevieja) – only 250 m from the beach! ?☀️Stylish bungalow for sale in the prestigious Cabo Cervera urbanization, just a 3-minute walk from the beach. A highly sought-after area for rentals with steady property value growth!Property details:Total area: 71 m² (including terrace)Spacious 26 m² terrace with sea views1 bedroom + bright living roomLocated in a gated communitySoutheast orientationOption to obtain a tourist license for rentalsInvestor benefits:• Prime location in one of Torrevieja’s most desirable areas – Cabo Cervera• Strong demand for short-term rentals thanks to proximity to beaches & amenities• Excellent liquidity and capital appreciation potential• Stable rental income all year round	
				
			
			Property Features
- 1 bedroom
- 1 bathroom
- 71m² Build size
- Veranda
Costing Breakdown
Standard form of payment
		
							Reservation deposit
							3,000€
		
							Remainder of deposit to 10%
							11,300€
		
							Final Payment of 90% on completion
							128,700€
		
							Property Purchase Expenses
							Property price
							143,000€
		
							Transfer tax 8%
							11,440€
		
							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.
 
				 
		
		















 
							 
							 
							 
							 
							 
							 
							 
							

