2 bedroom Apartment for sale

2 bedroom Apartment for sale

Torrevieja, Alicante
129,000
 
1 / 0

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Ref: CSPX-14689
Property marketed by Complete Spanish Property Complete Spanish Property
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Bright top-floor apartment in downtown TorreviejaThis bright top-floor apartment in downtown Torrevieja offers carefree living and modern comforts in an excellent location.The carefully renovated home features two bedrooms, a spacious living room, and a well-equipped open-concept kitchen, creating a functional and cozy living space.The absolute highlight of the apartment is the spacious terrace, which offers sweeping views over the rooftops all the way to the salt lake—the perfect place to enjoy the sun and the laid-back Mediterranean evenings.Residents of the building also have access to a rooftop terrace and a pool area, which brings a vacation vibe to everyday life.The apartment was fully renovated in 2018, and in 2022 all windows were replaced and an air-source heat pump was installed, enhancing living comfort year-round.All amenities, restaurants, and the beach promenade are just a short walk away, making the location ideal for both vacationing and year-round living.In accordance with Article 20.1 of the TRLDCU, the property price will be increased by the following costs:Taxes payable by the buyerVAT (IVA) at the applicable rate of "10%" (Law 37/1992) and the Stamp Duty Tax 1,4% (AJD, 1.4% from 1st of June, 2026)Transfer tax (ITP) calculated on the higher value between the purchase price or cadastral reference value, ranging between "3% and 11%" depending on the buyer's conditions. (Real Decreto Legislativo 1/1993 of 24 September, approving the revised text of the Law on Property Transfer Tax and Stamp Duty)Notary and Land RegistryThey are expenses subject to official tariffs, although the estimated cost for the notary may range between €600 and €1,000 for the notary and around 500eur for the registry. (Real Decreto 1426/1989 of 17 November, approving the Notaries' Fee Tariff, and Real Decreto 1427/1989 of 17 November, approving the Property Registrars' Fee Tariff, respectively)Real estate agency feesIncluded in the purchase price. In case of bank financingAny additional costs must be agreed with the financial institution.Final price calculationPlease contact us to receive a personalized offer based on the buyer's individual circumstances.

Property Features

  • 2 bedrooms
  • 1 bathroom
  • 42m² Build size
  • Swimming Pool

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,900€
Final Payment of 90% on completion
116,100€
 
Property Purchase Expenses
Property price
129,000€
Transfer tax 8%
10,320€
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.

Mortgage Calculator

Mortgage Amount:
129,000€
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Interest Rate:
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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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%.

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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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