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? FULLY RENOVATED GROUND FLOOR BUNGALOW WITH TOURIST LICENSE AND COMMUNAL POOL IN TORREVIEJA ? 2 bedrooms | €197,900 We present this beautiful, fully renovated ground floor bungalow, an ideal property for year-round enjoyment or as an investment ?????? It features 2 bedrooms, 54 m² of living space (excluding the terrace) and 61 m² of total built area, with a well-distributed, welcoming layout, ready to move into It also includes access to a communal pool ??????? and a tourist license, making it an excellent opportunity as a permanent residence, holiday home, or profitable investment Expenses: • Community fees: €41/month Property tax (IBI): €146/year Garbage collection: €112/year A charming property, tastefully renovated and ready to be enjoyed from day one ?
Property Features
- 2 bedrooms
- 1 bathroom
- 53m² Build size
- Communal Pool
- Mains Irrigation Water
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,790€
Final Payment of 90% on completion
178,110€
Property Purchase Expenses
Property price
197,900€
Transfer tax 8%
15,832€
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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