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We are pleased to offer this Torrevieja beachside apartment on the edge of the newly reformed harbour complex The 4 bedrooms and 2 bathrooms on the 1st floor over looking the park and only 50m from the beach The property has one flight of stairs or an elevator to the 1st floor A spacious 135m2 including corridors and sun balcony The property benefits from air conditioning and ceiling fans, one of the two bathrooms has had its bath replaced by a shower cubicle The master bedroom and living room have double glazed patio doors to the sun balcony with sea and park views The property could do with some TLC but is full of potential and in one of the most popular locations It would be a fantastic investment Perfect for holidays or permanent living Torrevieja is a lovely coastal town situated on the Costa Blanca, approximately 30 minutes south of Alicante Airport and some 20 minutes north of Murcia Airport Torrevieja is very easily accessed from the A7 motorway which runs parallel with the town Because Torrevieja is an old fishing town, with its own harbour and small fishing fleet It is not a "resort" in the true sense of the word and does not cater for the package holiday industry – those activities take place much further to the north The shops, bars and restaurants of the town are open all year round, to cater for a population which is either resident in the area, or enjoying a stay in a holiday home owned by themselves or relatives Torrevieja has a fabulous range of facilities, apart from its wonderful shops, tapas bars, restaurants and its incredible outdoor market, which offers a tremendous selection of fish, fruit, meat and vegetables throughout the year There are four magnificent 18 hole Golf Courses locally and a number of Marinas which boast some of the most beautiful craft to be found anywhere on the Mediterranean Over the last decade, Torrevieja has witnessed a great deal of growth, but because of the strict building controls which have been in force, the new has blended with the old and the overall benefits have been tremendous A great deal of revenue has been derived from the growth of the town and has been reinvested in a wonderful range of facilities and services So that the town did not become overcrowded with vehicles, underground car parks have been built The promenades have been beautifully repaved, exquisite fountains have been constructed and many facilities have been added or improved so that the quality of life is even greater now than it was before
Property Features
- 4 bedrooms
- 2 bathrooms
- Terrace (m2): 12
- Close To Town And Amenities
- Fitted Wardrobes
- Furnished
- Internet
- Mains Electricity
- Mains Water
- Private Terrace
- Satellite TV
- Sea Views
- Walk-in Shower
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
22,900€
Final Payment of 90% on completion
233,100€
Property Purchase Expenses
Property price
259,000€
Transfer tax 8%
20,720€
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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