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Studio apartment with 1 bathroom in Torrevieja (San Luis), AlicanteDiscover this charming studio apartment, perfect for those seeking a cozy, move-in ready home or an excellent investment opportunity Located just 100 meters from the tranquil Las Lagunas nature reserve, this first-floor flat offers a peaceful setting in a desirable area The property has been recently renovated and is in excellent condition, featuring a sunny southeast orientation that ensures bright, natural light throughout the year The apartment includes a comfortable sofa bed that folds out into a settee, a fully equipped kitchen, and a private balcony, ideal for relaxing or enjoying outdoor views With low annual fees and operating costs, this furnished studio is suitable for first-time buyers, holidaymakers, or anyone looking for a permanent residence in a quiet, well-located environment Built in 1988, this 25 m2 property combines practicality and comfort in a sought-after Alicante locationBedrooms: 0Bathroom: 1Build size: 25 m2Floor: 1stOrientation: SoutheastYear of construction: 1988Air conditioningInvestment opportunityLow annual feesFurnished
Property Features
- 0 bedrooms
- 1 bathroom
- 25m² Build size
- Wardrobes cupboard
- Furnished
- Heating
- Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
3,500€
Final Payment of 90% on completion
58,500€
Property Purchase Expenses
Property price
65,000€
Transfer tax 8%
5,200€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.























