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Ref: AG19MLSC138695
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Fully renovated apartment for sale just steps from Parque de las Naciones.The apartment has a total area of 56 m² and offers 2 bedrooms, a bathroom and a terrace. It has undergone a complete designer renovation, and nobody has lived in it since. The property features new windows, plumbing, wiring, flooring, walls, stretch ceilings, etc. There is underfloor heating throughout the apartment, air conditioning, and an electronic lock. The price includes brand-new furniture and household appliances.This is a great home for permanent living, located within walking distance of bars, restaurants, supermarkets and the main square of Torrevieja. The beach is only 800 meters away. The apartment is part of a gated residential complex with a beautifully landscaped communal area. The complex offers children’s and adult swimming pools, green areas and relaxation zones. A lifeguard is on duty by the pool. It is possible to obtain a tourist rental license.Torrevieja is a popular Spanish resort town and municipality in the province of Alicante, in the southern part of the Costa Blanca. It is considered the third largest city in the province after Alicante and Elche. The resort is famous for its pleasant Mediterranean climate, stunning sandy beaches and numerous saltwater lagoons surrounding the area.This property can be purchased with a mortgage from a bank at an annual interest rate of 3–6%.
Property Features
- 2 bedrooms
- 1 bathroom
- 56m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,990€
Final Payment of 90% on completion
152,910€
Property Purchase Expenses
Property price
169,900€
Transfer tax 8%
13,592€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.























