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Ref: 13563
Property marketed by Inmo Investments
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Renovated three-bedroom apartment is ideally located in Torrevieja, just 200 metres from the promenade and the sea, offering the perfect blend of comfort and coastal living. The property has been recently refurbished and is presented in excellent condition throughout. It features three bedrooms and two bathrooms, with one of the bathrooms currently converted into a practical dressing room, adding both functionality and additional storage.The living space is warm and inviting, creating a cosy yet modern atmosphere, and the apartment also benefits from a private balcony, ideal for enjoying the Mediterranean climate. Situated close to the seafront and within walking distance of shops, restaurants and all local amenities, this property is well suited as a permanent residence, holiday home or rental investment.
Property Features
- 2 bedrooms
- 2 bathrooms
- 71m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,000€
Final Payment of 90% on completion
153,000€
Property Purchase Expenses
Property price
170,000€
Transfer tax 8%
13,600€
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.
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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.























