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Quiet and picturesque area — ideal for both permanent residence and vacation home. A unique combination of privacy and proximity to the sea.
Torrevieja is a city in Spain's southeastern Alicante province, on the Costa Blanca. It's known for its Mediterranean climate and coastline. Promenades run along sandy beaches, you will also find what the locals call the hippie or night market.This town has everything you could possibly need. Ideal for anyone who does not drive.
The Beach, Marina and all the shops you could ask for are close by.The tiny Museo del Mar y de la Sal exhibits the town's fishing and salt-mining history. Bus routes run regularly to most places, and don't forget to visit the Friday market where you will be sure to find a great bargain. And of course, let's not forget the water sports, and the boat trips to the island of Tabarca and the many Golf courses just a short drive away
Property Features
- 3 bedrooms
- 2 bathrooms
- 130m² Build size
- 200m² Plot size
Costing Breakdown
* 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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* 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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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.