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????? Beautiful 1-bedroom, 1-bathroom apartment in the heart of Torrevieja ?????? With 43m² of well-distributed space, this home offers a comfortable and welcoming living space, ideal for year-round living or enjoying holidays by the sea ????????? The complex features a communal swimming pool ???????, perfect for cooling off and relaxing on sunny days Its excellent central location also puts all amenities within easy reach: supermarkets ????, restaurants ?????, shops ?????, and leisure areas ????, all just a short walk away ??????? ???? Very affordable expenses: ?? Property Tax (IBI): €136/year ?? Community Fees: €25/month ? A great opportunity to invest, live, or enjoy the Costa Blanca year-round ??????
Property Features
- 1 bedroom
- 1 bathroom
- 43m² Build size
- Pool-Communal
- Communal Pool
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,200€
Final Payment of 90% on completion
100,800€
Property Purchase Expenses
Property price
112,000€
Transfer tax 8%
8,960€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.



















