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Ref: AG19MLSC5371842
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Discover this charming townhouse located in the sought-after Los Balcones area of Torrevieja. With an attractive price of €159,000 and a constructed area of 77 m², this property is in good condition and ready to move into. It features two bright double bedrooms offering comfort and tranquility. The property has a well-equipped full bathroom and includes extras such as a beautiful terrace, ideal for enjoying the Mediterranean sun, and access to a communal swimming pool, perfect for cooling off on hot days. The development is surrounded by essential services such as nearby buses, various shopping centers, and local schools, making this property not only the perfect place to live but also an attractive investment due to the area's continued growth. Don't miss the opportunity to acquire your new home by the sea.
Property Features
- 2 bedrooms
- 1 bathroom
- 77m² Build size
- Swimming Pool
- Solarium
- Veranda
- Near bus route
- Heating, Central
- Pool, Communal
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,900€
Final Payment of 90% on completion
143,100€
Property Purchase Expenses
Property price
159,000€
Transfer tax 8%
12,720€
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.























