Apartment for sale

Apartment for sale

Torrevieja, Alicante
79,000
 
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
  • Apartment for sale
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Property marketed by The Property Group
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For sale: a functional studio located in one of the most sought-after areas of Torrevieja – just 150 meters from Playa de los Locos This is an ideal option for buyers looking for a ready-to-go short-term rental investment, thanks to the existing tourist license The property has a total area of 22 m² and has been designed to maximize every square meter It features a living area with a relaxation space, an open-plan kitchen, and a bathroom, creating a practical and comfortable interior, perfect for both holiday stays and rental purposes The main highlight of this property is its location – second line from the sea, in close proximity to one of the most popular beaches in Torrevieja The area offers a wide range of restaurants, bars, shops, and all essential services, making it highly attractive to tourists all year round Thanks to the tourist license, the studio generates real income and represents a secure investment on the Costa Blanca property market It is a turnkey investment – you can start earning from day one Key features Type: Studio Size: 22 m² Location: Torrevieja – Playa de los Locos Distance to beach: 150 m Tourist license: Yes Call us today to arrange a viewing :)

Property Features

  • 0 bedrooms
  • 1 bathroom
  • 25m² Build size
  • Mains Irrigation Water

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,900€
Final Payment of 90% on completion
71,100€
 
Property Purchase Expenses
Property price
79,000€
Transfer tax 8%
6,320€
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.

Mortgage Calculator

Mortgage Amount:
79,000€
Deposit:
Interest Rate:
%
Period:
Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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