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Ref: CSPX-35839
Property marketed by Complete Spanish Property
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A spacious 3-bedroom, 2-bathroom penthouse apartment in the heart of Torrevieja. This high-quality top-floor home is located in an excellent central position and offers stunning panoramic city views as well as partial sea views from the balcony.The property is situated close to all amenities, including bus stops, commercial areas, marinas, pharmacies, restaurants, shops, supermarkets, and the sea. Its central location ensures a comfortable lifestyle with everything within easy reach.The apartment features a modern and well-maintained interior, offering comfortable and high-quality living. With three spacious bedrooms and two bathrooms, it is an excellent choice for larger families as well as individual buyers looking for a stylish home in Spain. The property also includes a private parking space in the garage, and the building has an elevator.This is a great opportunity to acquire a beautiful home in a highly sought-after area, combining comfort, location, and outstanding views. Contact us today to arrange a viewing – this property is worth seeing in person.Alicante:In accordance with Article 20.1 of the General Law for the Protection of Consumers and Users (TRLDCU), the following costs shall be added to the property price:Taxes payable by the buyer
For new-build properties: Value Added Tax (IVA/VAT) at the current rate of "10%" (Law 37/1992), and Stamp Duty (AJD) of 1.4% (from 1 June 2026).For resale properties: Property Transfer Tax (ITP), calculated on the higher value between the purchase price and the fiscal value, ranging from "3% to 11%" depending on the buyer's circumstances. (Royal Legislative Decree 1/1993 of 24 September, approving the revised text of the Law on Property Transfer Tax and Stamp Duty).Notary and Land Registry fees
These are official fees whose amounts may vary: approximately €600–€1,000 for notary fees and around €500 for land registry fees. (Royal Decree 1426/1989 of 17 November approving the Notaries' Fee Schedule, and Royal Decree 1427/1989 of 17 November approving the Land Registrars' Fee Schedule, respectively).Agency commission
Included in the purchase price.If bank financing is required
Any additional costs arising from the mortgage loan must be agreed directly with the financing bank.Final price calculation
Please contact us so that we can prepare a personalised cost calculation according to the buyer's specific circumstances.
For new-build properties: Value Added Tax (IVA/VAT) at the current rate of "10%" (Law 37/1992), and Stamp Duty (AJD) of 1.4% (from 1 June 2026).For resale properties: Property Transfer Tax (ITP), calculated on the higher value between the purchase price and the fiscal value, ranging from "3% to 11%" depending on the buyer's circumstances. (Royal Legislative Decree 1/1993 of 24 September, approving the revised text of the Law on Property Transfer Tax and Stamp Duty).Notary and Land Registry fees
These are official fees whose amounts may vary: approximately €600–€1,000 for notary fees and around €500 for land registry fees. (Royal Decree 1426/1989 of 17 November approving the Notaries' Fee Schedule, and Royal Decree 1427/1989 of 17 November approving the Land Registrars' Fee Schedule, respectively).Agency commission
Included in the purchase price.If bank financing is required
Any additional costs arising from the mortgage loan must be agreed directly with the financing bank.Final price calculation
Please contact us so that we can prepare a personalised cost calculation according to the buyer's specific circumstances.
Property Features
- 3 bedrooms
- 2 bathrooms
- 92m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
23,500€
Final Payment of 90% on completion
238,500€
Property Purchase Expenses
Property price
265,000€
Transfer tax 8%
21,200€
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.



