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Charming 3-bedroom apartment in Torrevieja (Alicante)Located just 700 meters from Acequion Beach, this first-floor apartment boasts a northwest orientation The property offers 113 m² of living space and comprises a welcoming living room, a fully equipped kitchen, three bedrooms, a full bathroom, and a guest toilet It also includes a terrace for enjoying the fresh airThe building has an elevator, and the apartment is in good condition, fully furnished and equipped with appliances It also features a communal swimming poolIdeal for those seeking a comfortable, move-in ready home, steps from the beach and with all amenities within easy reachCalle Villa de Madrid, 15 – Hotel Madrid - Calle San Julián03181 Torrevieja
Property Features
- 3 bedrooms
- 2 bathrooms
- 113m² Build size
- Traditional
- Fitted kitchen
- Furnished
- Internet
- Lift
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
15,500€
Final Payment of 90% on completion
166,500€
Property Purchase Expenses
Property price
185,000€
Transfer tax 8%
14,800€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.























