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Property marketed by Inmo Investments
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This well-presented apartment in central Torrevieja offers 75 m² built with two double bedrooms, one bathroom, and a bright living area with an east-facing orientation. It also includes a private balcony overlooking the street. Located just 750 metres from the sea, the property is close to all amenities and is ideal as a permanent home or a rental investment.
Property Features
- 2 bedrooms
- 1 bathroom
- 75m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,500€
Final Payment of 90% on completion
112,500€
Property Purchase Expenses
Property price
125,000€
Transfer tax 8%
10,000€
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.













