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Ref: AG19MLSC3214220
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Exclusive property located on the second floor with lift, right in the very centre of Torrevieja, in one of the city’s most sought-after and high-potential areas. The property offers 84 m² built and 79 m² usable space, featuring a west-facing balcony with open views of the sea and the port, a rare and highly valuable feature in the town centre. It is currently presented as an open-plan space, allowing for a flexible layout of two or three bedrooms. The property is already prepared with water and electricity connections, giving the future owner the unique opportunity to design and create a completely new home tailored to their own taste and lifestyle. The building benefits from a lift with direct access to the apartment door, providing a high level of comfort, privacy and exclusivity. The entrance hall features a beautifully decorated marble lobby, reflecting the quality and prestige of the building. Located on the same sidewalk as the future redevelopment of Torrevieja Port and the new Central Market building, two of the most important urban projects in the city, this property offers excellent potential for future value appreciation. An ideal option as a primary residence, second home or high-yield investment.
Property Features
- 3 bedrooms
- 2 bathrooms
- 84m² Build size
- Near bus route
- Elevator
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,000€
Final Payment of 90% on completion
144,000€
Property Purchase Expenses
Property price
160,000€
Transfer tax 8%
12,800€
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.























