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Property marketed by Engel & Voelkers Torrevieja - Orihuela
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Discover an exclusive new-build building with 8 apartments, garages and storage rooms in the centre of Torrevieja, near the Yacht Club and Acequión beach. The building consists of 3 floors and a fourth floor (penthouse), with 2 apartments each. Each apartment faces a street (Orihuela or Patricio Pérez). All apartments have 3 bedrooms and 2 bathrooms. Floors from the first to the third with apartments of 124.1m2 or 119.5m2 and penthouses with 111.75m2 or 99.8m2. Reinforced main door. The apartments are delivered with smooth white interior paint and porcelain stoneware floors. The bathrooms and kitchen are tiled in ceramic stoneware up to the ceiling. The exterior carpentry is made of PVC with sliding leaves. Mechanized shutters on all windows, with “climalit” glass and double glazing. Interior carpentry with white lacquered furniture. Built-in wardrobes in bedrooms also in white. Two white bathroom units, with mirror included. Sanitary ware is vitrified porcelain type “Roca” or similar. Underfloor heating throughout the house by aerothermal energy. Kitchen with white high and low cabinets, “silestone” or similar countertop. Stainless steel sink. Hot water by aerothermal energy with accumulator. Single-lever taps with shut-off valves. “Bosch” or similar dishwasher, “Cata Isla” or similar extractor hood. “Bocsch” or similar oven. “Bosch” or similar countertop. “Bosch” or similar washing machine. “Beko” or similar refrigerator. Spotlight throughout the house. Pre-installation of telephone and internet. Pre-installation of TV and FM in living room and master bedroom. Installation of air conditioning through ducts and machine included. Installation of double-flow ventilation, air recirculation by means of a motor. Intercom at entrance with video intercom.
Property Features
- 3 bedrooms
- 2 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
33,100€
Final Payment of 90% on completion
324,900€
Property Purchase Expenses
Property price
361,000€
Transfer tax 8%
28,880€
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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