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Ref: CSPX-29058
Property marketed by Complete Spanish Property
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Penthouse to renovate in Torrevieja, just 200 meters from Playa de los Locos beach, featuring an elevator, accessibility for people with reduced mobility, and a large terrace. The penthouse includes one bedroom, a full bathroom, and an open living-kitchen area with direct access to the spacious terrace, ideal for enjoying the outdoors and coastal surroundings. The property needs complete renovation as it lacks a kitchen, appliances, and is unfurnished, providing the opportunity to customize it according to your preferences. The building offers elevator access and facilities adapted for reduced mobility, ensuring convenience and comfort. Its prime location close to Playa de los Locos makes it perfect for those seeking proximity to the sea and the amenities of Torrevieja. Nearby services include shops, restaurants, and public transportation. This property is an excellent investment opportunity for seasonal rental or holiday use. Contact us for more information or to arrange a physical or virtual visit; floor plans are also available upon request.
Property Features
- 1 bedroom
- 1 bathroom
- 42m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,950€
Final Payment of 90% on completion
89,550€
Property Purchase Expenses
Property price
99,500€
Transfer tax 8%
7,960€
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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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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.



