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Ref: AG19MLSC5204988
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Studio Apartment for Sale – 31 m² in Nueva Torrevieja, Torrevieja Cozy 31-square-meter studio apartment for sale in the Nueva Torrevieja area, just 1 kilometer from the well-known beaches of Los Locos and El Cura. The property is conveniently located close to all amenities, including supermarkets, restaurants, public transport, and leisure areas. Situated on the fourth floor, the studio offers slight sea views in the distance and pleasant views of the swimming pool. It features a full bathroom and an open-plan living room–kitchen–bedroom area, as well as a balcony with enough space for a table, chairs, and a drying rack. The residential complex boasts a large communal swimming pool surrounded by palm trees and beautifully maintained green areas. Thanks to its east-facing orientation, the apartment is bright and cool, making air conditioning unnecessary. Ideal as an investment, holiday home, or year-round residence.
Property Features
- 0 bedrooms
- 1 bathroom
- 31m² Build size
- Swimming Pool
- Sea view
- Near bus route
- Pool, Communal
- Elevator
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,200€
Final Payment of 90% on completion
73,800€
Property Purchase Expenses
Property price
82,000€
Transfer tax 8%
6,560€
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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