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Property marketed by Inmo Investments
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Front-line apartment located on the Torrevieja promenade. Situated on the fourth floor, the property offers 130 m² of living space with 3 bedrooms (originally 4, with one converted to enlarge the kitchen), 2 bathrooms, a large kitchen, utility room and storage room. The apartment enjoys panoramic sea views from the balcony and main living areas. Please note the property is of older construction and requires modernisation, but all amenities are within walking distance. Contact us for further information.
Property Features
- 3 bedrooms
- 2 bathrooms
- 130m² Build size
- Storage room
- Renovation needed
- Panoramic views
- One level
- Balcony
- Walking Distance to Amenities
- Utility Room
- Walking Distance to Bus Route
- Walking Distance to Beach
- Sea Views
- Under 1km to beaches
- Close to the beach
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
44,500€
Final Payment of 90% on completion
427,500€
Property Purchase Expenses
Property price
475,000€
Transfer tax 8%
38,000€
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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