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Property marketed by The Property Group
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Located in the popular residential area of Nueva Torrevieja on the beautiful Costa Blanca, this well-presented studio apartment offers a comfortable and practical living space, ideal as a holiday home, rental investment, or permanent residenceThe property has a total built area of 52 m², with 47 m² of usable living space, thoughtfully distributed to maximise comfort and functionality The interior includes one bedroom area, a modern bathroom, and a bright open living space that creates a welcoming and relaxed atmosphereOne of the highlights of the property is the private south-facing balcony, which allows plenty of natural light to enter the apartment throughout the day and provides the perfect spot to enjoy the Mediterranean climateThe apartment is in good conditions and was built in 2009 It features built-in wardrobes, offering convenient storage while keeping the living area spacious and uncluttered The interior of the property has been adapted for people with reduced mobility, making it more accessible and practicalSituated on the second floor of an exterior apartment building, the property benefits from lift access, ensuring easy entry to the apartmentFor added comfort, the apartment is equipped with air conditioning, allowing you to maintain a pleasant temperature throughout the year, both during the warm summer months and the cooler winter seasonNueva Torrevieja is a well-established and convenient area, close to shops, restaurants, local services and just a short distance from the beaches of Torrevieja, making this property an excellent opportunity to enjoy the relaxed Mediterranean lifestyle on the Costa BlancaThis charming studio apartment combines comfort, accessibility and a great location, making it a fantastic option for those looking for a property by the sea
Property Features
- 1 bedroom
- 1 bathroom
- 47m² Build size
- 52m² Plot size
- Yard
- Balcony
- Elevator
- Furnished
- South facing
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,000€
Final Payment of 90% on completion
126,000€
Property Purchase Expenses
Property price
140,000€
Transfer tax 8%
11,200€
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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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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