2 bedroom Apartment for sale

2 bedroom Apartment for sale

Torrevieja, Alicante
174,800
 
1 / 0

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Ref: AG19MLSC228187
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Apartment for sale after a complete renovation, just a few steps from the Nations Park.The apartment, with a total area of 79 m², offers 2 bedrooms, a bathroom and two terraces, one of which is glazed. A full designer renovation has been carried out, and nobody has lived in the property since. The apartment has new windows, plumbing, wiring, flooring, walls, etc. There is underfloor heating throughout and air conditioning is installed. The price includes brand-new furniture and household appliances. This is a wonderful home for permanent living, located within walking distance of bars, restaurants, supermarkets and the main square of Torrevieja. The beach is only 800 metres away.Torrevieja is a popular Spanish resort city and municipality in the province of Alicante, in the southern part of the Costa Blanca. It is considered the third largest city in the province after Alicante and Elche. The resort is famous for its pleasant Mediterranean climate, magnificent sandy beaches and numerous saltwater lagoons surrounding the area.This property can be purchased with a mortgage from a bank at an interest rate of 3–6% per annum.

Property Features

  • 2 bedrooms
  • 1 bathroom
  • 79m² Build size

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,480€
Final Payment of 90% on completion
157,320€
 
Property Purchase Expenses
Property price
174,800€
Transfer tax 8%
13,984€
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.

Mortgage Calculator

Mortgage Amount:
174,800€
Deposit:
Interest Rate:
%
Period:
Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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