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Ref: AG19MLSC5360975
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Discover this charming ground-floor apartment located in the sought-after La Veleta area of Torrevieja. With an attractive price of just €104,000 and a constructed area of 50 m², this property offers comfort and proximity to the sea; it is located a mere 60 meters from the beautiful Mediterranean coastline. The property features a double bedroom, guaranteeing a restful night's sleep after enjoying the sun on the nearby beaches. Its south-facing orientation provides natural light throughout the day, and its excellent condition allows for immediate occupancy without the need for renovations. Additional attractions include a welcoming enclosed terrace, perfect for relaxing or enjoying pleasant moments with family and friends. In terms of local services and infrastructure, you'll be surrounded by a variety of options: nearby public transport with buses that make it easy to get around to other parts of the city; shopping centers where you can meet your daily needs; and schools suitable for established families. Furthermore, there are children's play areas perfect for young children within the community, which adds significant value whether you're looking for a permanent home or an investment, given the growing interest from both domestic and international visitors seeking tranquility by the sea.
Property Features
- 1 bedroom
- 1 bathroom
- 50m² Build size
- Near bus route
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,400€
Final Payment of 90% on completion
93,600€
Property Purchase Expenses
Property price
104,000€
Transfer tax 8%
8,320€
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.

















