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Ref: W-049112
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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Magnificent apartment for sale in the heart of Torrevieja, on Caballero de Rodas street. The property offers 81 m² built area and is located on the second floor of a five-storey building built in 2005. It features 2 bedrooms, 2 full bathrooms, a separate kitchen, and a spacious bright living room with access to a balcony. Sold fully furnished and ready to move into. Excellent location surrounded by all services, supermarkets, restaurants, and just a few minutes from the sea. Ideal both as a permanent residence and as an investment opportunity.
Property Features
- 3 bedrooms
- 2 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,000€
Final Payment of 90% on completion
153,000€
Property Purchase Expenses
Property price
170,000€
Transfer tax 8%
13,600€
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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