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Property marketed by The Property Group
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Apartment located in the heart of Torrevieja, on the Costa Blanca, a few steps from the new port, the new leisure area and the Vistalegre Promenade, surrounded by local shops, restaurants and all essential services It is located close to the beaches of Torrevieja and just 45 minutes from Alicante airport, making it a strategic location for both permanent residence and investment The apartment has 2 bedrooms, 1 bathroom, a fully equipped open-plan kitchen, and a bright, south-facing living room It offers unobstructed views of a square, providing natural light and a feeling of spaciousness It includes air conditioning in the living room and one of the bedrooms Public parking is available nearby, with the option of renting a parking space for €70 per month Ideal for enjoying the Mediterranean lifestyle in one of the most sought-after areas of Torrevieja
Property Features
- 2 bedrooms
- 1 bathroom
- 76m² Build size
- Year Built-2022
- Aluminium windows
- Dishwasher
- Furnished
- Oven
- Renovated
- Utility room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
23,500€
Final Payment of 90% on completion
238,500€
Property Purchase Expenses
Property price
265,000€
Transfer tax 8%
21,200€
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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