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Ref: 01-EF-1101
Property marketed by Goldhouse Inmobiliaria Real Estate SL
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Penthouse on the fifth floor for sale in the heart of Torrevieja, close to all amenities, and only 850 m to the Medsea, beaches and harbour. The west orientated penthouse comes with 1 bedroom, 1 bathroom, an open living / dining / kitchen area and a very good sized terrace to enjoy a good BBQ with friends in the evening under the stars or enjoy a good cup of coffee. The apartment comes fully equipped with white goods, airco and is sold furnished. There is a lift and also a communal pool to dive into on hot summer days and nights. Perfect as a permanent home, for vacation or as investment. ref:01-EF-1101
Property Features
- 1 bedroom
- 1 bathroom
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,950€
Final Payment of 90% on completion
116,550€
Property Purchase Expenses
Property price
129,500€
Transfer tax 8%
10,360€
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.























