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Property marketed by Inmo Investments
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Converted and renovated studio at el Paraiso, just 250m to the beaches of Torrevieja. The apartment has been renovated and modified to include a bedroom with fitted wardrobes, lounge/dining area, open plan kitchen and modern shower room. Sold as seen, in excellent condition and with storage room. The gated community offers access to a refreshing swimming pool where you can relax on hot days and is only 250m to the Playa Naufragos and all necessary amenities. This property represents not only an excellent home but also an attractive investment opportunity or holiday getaway due to its prime location in a quiet area. Contact us today for your viewing
Property Features
- 1 bedroom
- 1 bathroom
- 30m² Build size
- Swimming Pool
- Communal Pool
- Storage room
- Key ready
- Air conditioning
- Renovated
- Built-in Wardrobes
- Walking Distance to Beach
- Furnished
- Modern design
- Under 1km to beaches
- Closed community
- Close to the beach
- Investment
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,800€
Final Payment of 90% on completion
88,200€
Property Purchase Expenses
Property price
98,000€
Transfer tax 8%
7,840€
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.















