3 bedroom Cave House for sale

3 bedroom Cave House for sale

Torrevieja, Alicante
169,000
 
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
  • 3 bedroom Cave House for sale
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Ref: D2442
Property marketed by GLOBAL SPAIN Real Estate GLOBAL SPAIN Real Estate
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Discover this characterful townhouse in the popular Los Balcones residential area in Torrevieja , a location known for its tranquility, greenery, and excellent accessibility. With an asking price of €169,000 and a built area of 141 m² (of which 92 m² is usable ), this property offers a solid foundation with excellent renovation potential for those looking to realize their own living dreams.
The house boasts three spacious and bright double bedrooms , ideal for upgrading to modern comfort standards, such as built-in wardrobes, improved insulation, or the creation of a master bedroom with an en-suite bathroom. The two bathrooms are fully functional but also offer the potential for modernization with contemporary finishes, new plumbing fixtures, and energy-efficient solutions.
The living areas offer a good layout and ample natural light, ideal for transforming into an open and contemporary living environment . A renovation could create a modern kitchen, a more spacious living room, and a better connection between indoors and outdoors.
Outside, you'll find a spacious terrace and a back garden , perfect for renovation. Consider creating a low-maintenance garden, an outdoor kitchen, lounge area, or even a jacuzzi, all designed to maximize Mediterranean outdoor living.
Although the house is in good structural condition and immediately habitable, it offers clear opportunities for targeted renovation to elevate it to a higher level and significantly increase its market value . This makes the property particularly attractive to both private buyers and investors.
Its location just 1,500 meters from the Mediterranean Sea ensures its enduring appeal. You'll also benefit from numerous amenities in the immediate vicinity:
Situated in a quiet residential area with mature vegetation Reinforced security door as a solid basis for further security Close to public transport , shops and shopping centres Schools and hospitals within walking distance
This property offers an excellent combination of location, space, and renovation potential . An ideal opportunity for those seeking a fully customizable home in one of Torrevieja's most sought-after neighborhoods.
A smart investment and a future dream home under the Spanish sun.

Property Features

  • 3 bedrooms
  • 2 bathrooms
  • 141m² Build size
  • Air conditioning
  • Garden
  • Storage Room
  • Balcony
  • BBQ
  • Laundry room
  • Electricity
  • TV and telephone connections

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,900€
Final Payment of 90% on completion
152,100€
 
Property Purchase Expenses
Property price
169,000€
Transfer tax 8%
13,520€
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.

Mortgage Calculator

Mortgage Amount:
169,000€
Deposit:
Interest Rate:
%
Period:
Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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