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Property marketed by The Property Group
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A stunning penthouse for sale in the prestigious La Recoleta residential complex in the Punta Prima area of Torrevieja The apartment features three bedrooms, two bathrooms, and a living room combined with an open-plan kitchen From the living room there are several exits to a huge terrace that offers breathtaking sea viewsThe kitchen is fitted with modern cabinetry and comes fully equipped with all necessary household appliancesThe residential complex offers three communal swimming pools The price of the apartment also includes a parking space in the underground garage and a storage roomThe distance to the sea is just 100 meters All essential amenities are located next to the complex: pharmacies, shops, restaurants, and cafésWhen you buy property in Spain, you can apply for a Spanish residence permit Our company assists with obtaining residence permits of any type
Property Features
- 3 bedrooms
- 2 bathrooms
- 142m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
40,575€
Final Payment of 90% on completion
392,175€
Property Purchase Expenses
Property price
435,750€
Transfer tax 8%
34,860€
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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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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.



