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Modern apartment with terrace, pool and garage in Los Balcones, TorreviejaThis modern apartment is located on first floor, in the popular area of Los Balcones – Los Altos del Edén, Torrevieja Built in 2020, the property is in good conditionThe apartment offers a total built area of 128 m² (64 m² living space) and features 2 bedrooms with fitted wardrobes and 2 bathrooms A terrace and balcony provide excellent outdoor space, with both north and south orientation allowing sunlight throughout the dayThe property is equipped with air conditioning and is situated in a building A private garage space and storage room are included in the priceResidents can enjoy well-maintained communal areas with a swimming pool and garden, making this property ideal as a permanent home, holiday apartment or investment
Property Features
- 2 bedrooms
- 2 bathrooms
- 64m² Build size
- Pool, Communal
- Fitted Wardrobes
- Garage
- Private Terrace
- Storage Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
27,000€
Final Payment of 90% on completion
270,000€
Property Purchase Expenses
Property price
300,000€
Transfer tax 8%
24,000€
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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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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