Apartment for sale in Torrevieja, Alicante, Spain

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Ref: EMA3745R

Property marketed by España Dream Properties

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Storage room for sale, 10 m2 built, located at Calle Fuensanta nº 63, Torrevieja.~~Main features:~Area: 10 m2 built.~Location: Basement level (access via the garage door)~Ideal use: Household storage, document archive, or beach/sports equipment.~~Located in an area with limited parking and storage space, making it a highly sought-after property. Minimal community fees.~~The price does not include notary and property registration fees (which are subject to tariffs and vary depending on the deed value), nor taxes (which in the Valencian Community vary depending on the property value and the buyer's personal circumstances).

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Property Features

0 bedrooms
0 bathrooms

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

0€

Final Payment of 90% on completion

3,000€

Property Purchase Expenses

Property price

6,000€

Transfer tax 8%

480€

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:

6,000€

Deposit:

€

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* 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.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.