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Ref: W-047CC4
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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Discover an elegant apartment in the heart of Torrevieja. Completely renovated in 2022, this modern home offers 58 m² distributed across two bedrooms and one bathroom, combining contemporary style and maximum functionality. Located on the third floor of a five-story building with an elevator, the apartment features all exterior windows, ensuring excellent brightness and pleasant natural ventilation. The tiled floors and fixed furniture stand out for their quality, while the built-in wardrobes optimize space. The fully equipped kitchen is ready to enjoy from day one. The west-facing balcony allows for relaxation while watching sunsets and the urban atmosphere. The electric heating system and alarm provide comfort and security throughout the year. An exceptional opportunity for those seeking a modern, bright, and well-located apartment in one of the most attractive areas of Torrevieja. Ideal as a permanent residence, second home, or investment.
Property Features
- 2 bedrooms
- 1 bathroom
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,500€
Final Payment of 90% on completion
139,500€
Property Purchase Expenses
Property price
155,000€
Transfer tax 8%
12,400€
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.






