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Ref: AG19MLSC138695
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For sale is an apartment after a major renovation just steps away from Nationals Park.The 56 sq.m apartment has 2 bedrooms, a bathroom, and a terrace. The apartment has undergone a major 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 whole apartment has underfloor heating, an air conditioner, and an electronic lock. The price includes new furniture and appliances. A beautiful apartment for personal living, located within walking distance to bars, restaurants, supermarkets, and the central square of the town of Torrevieja. Just 800 meters to the beach. The apartment is part of a closed residential complex with a very beautiful inner territory. The complex has children's and adult pools, greenery, and relaxation areas. A lifeguard works by the pool. Tourist license can be arranged.Torrevieja is a popular Spanish resort town and municipality in the province of Alicante on the southern part of the Costa Blanca coast. The town is considered the third largest in the province after Alicante and Elche. The resort is popular due to its favorable Mediterranean climate, magnificent sandy beaches, and numerous salt lagoons around.This property can be purchased on credit from the bank at 3-6% annual interest rate.
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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