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Ref: W-047ALA
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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Welcome to a spectacular apartment in Punta Prima - Torrevieja, a 100-square-meter gem that redefines modern luxury. Built in 2016, this home in excellent condition features 3 bedrooms, 2 bathrooms, and a living area of 88 square meters. With stunning sea views and direct access to the coastline, it offers an unparalleled living experience. The apartment's interior exudes sophistication with marble floors, built-in wardrobes, and wheelchair-accessible spaces. The 156-square-meter terrace is perfect for enjoying the Mediterranean climate, while the open design maximizes natural light and space. This exclusive home includes a pool, gym, sauna, and jacuzzi, ensuring a lifestyle of total well-being. Security is paramount, with a security door and surveillance. Additionally, it offers an underground garage and a modern elevator. Discover the essence of luxury by the sea in Torrevieja, where every detail has been meticulously designed to offer unmatched comfort and elegance. This is the home you've always dreamed of.
Property Features
- 3 bedrooms
- 2 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
52,000€
Final Payment of 90% on completion
495,000€
Property Purchase Expenses
Property price
550,000€
Transfer tax 8%
44,000€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.























