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Ref: W-0479B5
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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Discover "Palangre Beach," a new concept of urban living and an exclusive premium-quality boutique residence on the Costa Blanca, located in Torrevieja and just 250 meters from Los Locos beach. This unique complex consists of only 5 apartments, each ideal for those seeking to live close to the sea with style, comfort, and privacy, offering independent street access and a private terrace. The homes feature high-quality and luxurious finishes, using very high-quality materials such as artificial porcelain stone and designer ceramics from brands like "Porcelanosa" or "Gibeller." The design is ergonomic, optimizing every square meter of space with high ceilings. For your comfort, the homes are fully equipped, including kitchens with "Bosch" appliances and complete bathrooms, as well as built-in wardrobes. They have centralized air conditioning with a high-efficiency heat pump, A.C.S. By "Ariston" aerothermal, and underfloor heating with thermal blanket in bathrooms and dressing rooms. Brightness is guaranteed thanks to the panoramic PVC "Salamander" windows with automatic shutters and solar control glass. The prices for this exclusive promotion range from €147,500 to €159,500. "Palangre Beach" is much more than a home: it is your Mediterranean lifestyle.
Property Features
- 1 bedroom
- 1 bathroom
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,000€
Final Payment of 90% on completion
135,000€
Property Purchase Expenses
Property price
150,000€
Transfer tax 8%
12,000€
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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