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Ref: W-049MLV
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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Penthouse for sale in the centre of Torrevieja, just 300 metres from Playa del Cura and surrounded by all essential amenities, including supermarkets, restaurants, pharmacies, public transport and leisure areas. The property offers 67 m² distributed into 2 bedrooms, 1 bathroom, a living-dining room and a kitchen. Its main highlight is a spectacular large terrace, partly enclosed and partly open, perfect for enjoying all year round. Located in a 5-storey building built in 1992 with a lift, this property is sold fully furnished and ready to move into. An excellent opportunity as a permanent residence, holiday home by the sea or rental investment.
Property Features
- 2 bedrooms
- 1 bathroom
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,500€
Final Payment of 90% on completion
157,500€
Property Purchase Expenses
Property price
175,000€
Transfer tax 8%
14,000€
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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