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Ref: EMA5824W
Property marketed by España Dream Properties
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Living just 290 meters from the sea in Torrevieja is a true privilege, and this property makes it a reality. Located in the sought-after area of Playa de los Locos, this charming 45 m² apartment, built in 1991 and in good condition, offers a perfect combination of location, natural light, and functionality.The property stands out for its excellent southeast orientation, ensuring abundant natural light throughout most of the day and creating a warm and pleasant atmosphere all year round. Its open-plan layout provides a sense of space and flow, while the open kitchen enhances a practical and modern lifestyle.One of the key highlights is the 7 m² glazed terrace, a versatile space that can be enjoyed all year round as a relaxation area, dining space, or additional lounge corner.The apartment features one bedroom and one bathroom, offering a comfortable and well-utilized layout, ideal for personal use or holiday stays.Its location is unbeatable, just a short walk from the beach and surrounded by all essential services: bars, restaurants, supermarkets, pharmacies, shopping centers, and parks, allowing for a convenient lifestyle without the need for a car. Alicante Airport is approximately 45 km away, providing excellent national and international connections.An ideal opportunity as an investment, second home, or seaside residence in one of the most sought-after areas of the Costa Blanca.Year of construction: 1991Floor: 2 out of 4SUMA/IBI (property tax): 116 € per yearCOMUNIDAD (Association fee) : 24 € per month
Property Features
- 1 bedroom
- 1 bathroom
- Balcony
- Electricity
- Laundry
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,999€
Final Payment of 90% on completion
89,991€
Property Purchase Expenses
Property price
99,990€
Transfer tax 8%
7,999€
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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