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Ref: MLSC138695
Property marketed by The Property Group
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For sale is an apartment after a complete renovation just steps away from Nations ParkThe apartment, with a total area of 56 sqm, has 2 bedrooms, a bathroom, and a terrace The apartment has undergone a complete designer renovation, and no one has lived in it since the renovation The windows, plumbing, wiring, floors, walls, suspended ceilings, etc, have been replaced in the apartment The entire apartment has underfloor heating, an air conditioner, and an electronic lock The price includes new furniture and appliances A beautiful apartment for personal residence, located within walking distance to bars, restaurants, supermarkets, and the central square of the city of Torrevieja Only 800 meters to the beach The apartment is part of a closed residential complex with a very beautiful interior territory The complex has children's and adult pools, green areas, and relaxation zones A lifeguard works near the pool It is possible to obtain a tourist licenseTorrevieja 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, wonderful sandy beaches, and numerous saltwater lagoons aroundThis property can be purchased with a bank loan at an interest rate of 3-6% per year
Property Features
- 2 bedrooms
- 1 bathroom
- 56m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
15,880€
Final Payment of 90% on completion
169,920€
Property Purchase Expenses
Property price
188,800€
Transfer tax 8%
15,104€
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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