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Ref: 13192
Property marketed by Inmo Investments
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This spacious one-bedroom apartment in the Parque de las Naciones area of Torrevieja offers 55 m² of space with a large bedroom, a bright living room, a functional equipped kitchen and a generous terrace for relaxing. The property also includes a full bathroom and is located just 700 meters from Acequión Beach and close to the medical center and town center. It is an excellent option as a permanent home or a holiday investment. Contact us for more information.
Property Features
- 1 bedroom
- 1 bathroom
- 55m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,900€
Final Payment of 90% on completion
89,100€
Property Purchase Expenses
Property price
99,000€
Transfer tax 8%
7,920€
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.























