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Ref: MLSC5475480
Property marketed by The Property Group
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Discover this charming house located in the quiet and sought-after area of ??La Siesta - El Salado - Torreta in Torrevieja With an attractive price of €148,000, this property offers a constructed area of ??50 m² with two double bedrooms, perfect for enjoying the rest and comfort you deserve It is in excellent condition, ready to move into It also features a full bathroom and numerous extras: private parking for your convenience; spacious communal areas, including a swimming pool ideal for hot days A magnificent outdoor terrace allows you to relax outdoors while enjoying the Mediterranean sun All of this is located within a well-maintained residential complex close to shopping centers and schools, providing easy access to all necessary services without sacrificing the peace and quiet of residential living
Property Features
- 2 bedrooms
- 1 bathroom
- 50m² Build size
- Communal Pool
- Garden
- Mains Irrigation Water
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,800€
Final Payment of 90% on completion
133,200€
Property Purchase Expenses
Property price
148,000€
Transfer tax 8%
11,840€
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.















