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Property marketed by The Property Group
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Discover this charming, renovated studio apartment located in the quiet Torretas area, within the coastal town of Torrevieja With a constructed area of ??55 m² and a north-facing orientation, this property is ideal for those seeking a bright and welcoming space The apartment features a comfortable double bed and a full bathroom, equipped with a shower and bathtub One of its main attractions is its spacious terrace offering unobstructed views, perfect for enjoying the outdoors or entertaining guests Located just 3,000 meters from the Mediterranean Sea, you can take advantage of the beautiful beaches that characterize the coast, along with numerous recreational options in the surrounding area, such as well-equipped residential complexes with nearby amenities, including accessible public buses, shopping centers, and educational institutions This studio also includes a tourist license, representing an excellent opportunity whether you wish to reside here permanently or invest in it to generate income through holiday rentals Don't miss this unique opportunity to acquire this attractive, fully exterior apartment; call us today to schedule your visit
Property Features
- 1 bedroom
- 1 bathroom
- 55m² Build size
- Garden
- Stone walls
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,900€
Final Payment of 90% on completion
125,100€
Property Purchase Expenses
Property price
139,000€
Transfer tax 8%
11,120€
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.



