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Ref: 13164
Property marketed by Inmo Investments
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This South-East facing 2-bedroom bungalow is located in the popular La Siesta area of Torrevieja, set down a quiet communal alley that provides a peaceful and private setting. The property features a sunny front garden/terrace with an enclosed porch area — ideal for relaxing or outdoor dining.Inside, the home offers a bright lounge, a good-sized separate kitchen with a skylight, 2 bedrooms, and a bathroom with a walk-in shower. Exterior stairs lead up to the private solarium, complete with a useful storage room.La Siesta is a well-established residential area with all essential services within walking distance, including cafés, restaurants, pharmacies and a small supermarket. The location also benefits from the new multipurpose park opened last year by the town hall, offering walking paths, sports zones, and open green spaces for year-round recreation. Torrevieja’s beaches, the Habaneras shopping centre, and the Ozone leisure complex are only a short drive away.The property is sold mostly furnished, with white goods and air-conditioning included. With no community fees, only the yearly IBI, it represents excellent value in today’s market and is ideal as a holiday home, full-time residence, or rental investment.
Property Features
- 2 bedrooms
- 1 bathroom
- 52m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,900€
Final Payment of 90% on completion
107,100€
Property Purchase Expenses
Property price
119,000€
Transfer tax 8%
9,520€
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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