3 bedroom Apartment for sale

3 bedroom Apartment for sale

Torrevieja, Alicante
157,500
 
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Ref: CSPX-61032
Property marketed by Complete Spanish Property
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Central Apartment with Excellent Investment Potential – Torrevieja Centre 3 Bedrooms | 1 Bathroom | 126 m² | Ground Floor | No Community Fees!A superb apartment located in the heart of Torrevieja Centre, just a 7-minute walk to the popular Playa del Cura and its natural rock pools.Key Features:126 m² built3 spacious bedrooms1 family bathroomGround floor with 2 patios + 2 storage roomsNo community chargesCondition & Improvements:PVC double glazingSecure street entrance doorFully renovated flooringNew electrical wiringCopper water pipesOverall good condition – only requires a cosmetic updatePrime Location:Playa del Cura & natural pools → 7 min walkMercadona supermarket → 3 min walkBus station → 3 min walkNightlife & dining area → 11 min drivePerfect as:Permanent residence (no car needed for daily life)Tourist rental investment (extremely high-demand area year-round)Annual costs:Only fixed expense: SUMA tax ≈ €307/yearInvestor opportunity: High-demand rental location with no community fees – ideal for strong returns after a light refurbishment.We offer full support including renovation advice, paperwork for non-residents, tourist licence management, professional rental management and a free estimated annual yield calculation.Contact us today to arrange a viewing, video tour or to discuss any questions. We look forward to showing you this fantastic opportunity!

Property Features

  • 3 bedrooms
  • 1 bathroom
  • 126m² Build size

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,750€
Final Payment of 90% on completion
141,750€
 
Property Purchase Expenses
Property price
157,500€
Transfer tax 8%
12,600€
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:
157,500€
Deposit:
Interest Rate:
%
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Mortgage Result

* 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.

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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