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This enclosed garage parking space is located in a well-maintained residential complex in Torrevieja, "Balcón de Torrevieja," and offers secure and convenient parking The parking space is registered in the land register, clearly assigned, and suitable for both personal use and as a sound investmentThis garage has electricityAguas Nuevas - TorreviejaProperty Type: Enclosed Garage Parking SpaceParking Space Number: 19Location: Torrevieja (Alicante)Residential Complex: Conjunto Residencial Balcón de TorreviejaBuilding Location: BasementAddress: Aguas Nuevas – Altos de la Bahía, TorreviejaType: Enclosed Garage Parking SpaceArea: approx 195 m²Suitable for: CarsDescription:The garage parking space is located in the basement of the "Balcón de Torrevieja" residential complex and is part of an enclosed garage complex Access is via internal driveways The parking space is clearly numbered and physically separated
Property Features
- 0 bedrooms
- 0 bathrooms
- Year Built-2025
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
15,700€
Property Purchase Expenses
Property price
18,700€
Transfer tax 8%
1,496€
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.





