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Ref: MLSC6349042
Property marketed by The Property Group
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We present this bungalow in the La Siesta area of Torrevieja, an exceptional opportunity both for living and for investment The property is currently undergoing a complete renovation and will be delivered fully refurbished, furnished, and ready to move into The home is being completely transformed to offer a modern and welcoming style, featuring new smooth walls and high-quality finishes throughout It has 2 bedrooms, 1 bathroom, a small rear patio that provides extra comfort, and a terrace ideal for enjoying the outdoors and the Mediterranean climate Thanks to its south-facing orientation, the property enjoys excellent natural light Being delivered fully furnished and renovated, it represents a secure investment in a quiet neighborhood with a prime location Key points: Condition: Currently under renovation; delivered fully renovated and brand new Finishes: Smooth walls and contemporary design throughout Equipment: Delivered fully furnished It is located in a quiet, established area just 10 minutes by car from the beautiful beaches of Torrevieja If you are interested, do not hesitate to contact us
Property Features
- 2 bedrooms
- 1 bathroom
- 68m² Build size
- Patio
- security door
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,890€
Final Payment of 90% on completion
125,010€
Property Purchase Expenses
Property price
138,900€
Transfer tax 8%
11,112€
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.
















