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Ref: W-049ROD
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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Renovated apartment 350 m from Playa del Cura and Los Locos beaches – Torrevieja Centre. Spacious apartment of 74 m² built area for sale, located in the heart of Torrevieja, just 350 metres from Playa del Cura and Los Locos beaches. The property is situated on the first floor of a 5-storey building with lift. It features 2 bedrooms, 1 full bathroom, a bright living-dining room, and a fully equipped kitchen. All rooms are exterior, providing excellent ventilation and natural light. The apartment has been renovated and is sold fully furnished, ready to move into. It has PVC double-glazed windows for better thermal and acoustic insulation. Building from 1993, ideally located close to all services: supermarkets, restaurants, pharmacies, public transport, and leisure areas. An excellent option as a permanent residence, holiday home, or rental investment.
Property Features
- 2 bedrooms
- 1 bathroom
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,900€
Final Payment of 90% on completion
179,100€
Property Purchase Expenses
Property price
199,000€
Transfer tax 8%
15,920€
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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