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Ref: W-02Z16Q
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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New promotion of 17 homes including studios and 1, 2, and 3-bedroom apartments with 1 and 2 bathrooms. Southeast facing. The ground floor apartments feature a private landscaped patio of 18m2. The penthouses enjoy spectacular views. On the rooftop, you can enjoy a communal relaxation area with a heated glass pool and fitness area, ideal for year-round enjoyment with sea views and a 360º view of the city. Also available for sale are spacious storage rooms in the basement. The building's design is inspired by nature with an artificial vertical garden on its facade. Located 300 meters from all services and 600 meters from Torrevieja's beaches. Energy rating "A". Storage rooms available, not included in the price. Sanitary water through aerothermal energy. Installation of electric underfloor heating in the bathrooms. Doors and windows made of high-quality aluminum carpentry, with slatted roller shutters, equipped with electric motor operation. Double glazing for acoustic and thermal insulation. Balcony railings glazed with glass and galvanized steel structure, without handrails. Reinforced entrance door and security system with 4 anchorage points and panoramic peephole. Interior access doors lacquered in white. Built-in wardrobes with folding doors. Walls painted with washable smooth paint. Water intake and drain for washing machine and dishwasher. Installation of aerothermal energy of 110-180 liters and aerothermal equipment. Sanitary ware and faucets model "GAP" by "ROCA" or similar and single-lever faucets by the brand "TEKA" model "Formentera" or similar. Connection for air conditioning equipment included. Collective antenna points, FM and telephone according to ICT regulations, pre-installation of ducting for internet to accommodate fiber optics. Television points in all living rooms and bedrooms.
Property Features
- 1 bedroom
- 1 bathroom
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,310€
Final Payment of 90% on completion
155,790€
Property Purchase Expenses
Property price
173,100€
Transfer tax 8%
13,848€
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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