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Property marketed by Inmo Investments
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Bungalow located in the peaceful area of San Luis, in Torrevieja. The property features 3 spacious bedrooms, 1 complete bathroom, and a bright living-dining area with great potential to customize to your own style. It also offers a large private terrace, perfect for enjoying the Mediterranean climate all year round, hosting family gatherings, or creating a relaxing chill-out space.
The residential complex includes a communal swimming pool, ideal for cooling off and enjoying the sunny days of the Costa Blanca. The property requires renovation, making it an excellent opportunity both as a permanent residence, holiday home, or investment property.
Situated in a quiet and established residential area, this bungalow is perfect for those seeking comfort and tranquility close to Torrevieja. A home full of potential to create the perfect place under the Spanish sun.
Property Features
- 3 bedrooms
- 1 bathroom
- Swimming Pool
- Garden
- Communal Pool
- Terrace
- Walking Distance to Amenities
- Built-in Wardrobes
- Ceiling Fans
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,500€
Final Payment of 90% on completion
112,500€
Property Purchase Expenses
Property price
125,000€
Transfer tax 8%
10,000€
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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