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Ref: MLSC1594645
Property marketed by The Property Group
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Apartment with sea views, located just 100 meters from Playa de Los Locos, in one of the best areas of Torrevieja The home, built in 2002, has 64 m² built and features 2 bedrooms, offering a comfortable and functional layout The apartment is equipped with air conditioning and is ready to move in The community fees are €40 per month and the IBI is €189 per year, which means reduced maintenance costs Its excellent location allows you to walk to the beach, restaurants, cafes, supermarkets, and all necessary services An ideal option for both a permanent residence and for vacations or investment
Property Features
- 2 bedrooms
- 1 bathroom
- 64m² Build size
- Larder
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,990€
Final Payment of 90% on completion
161,910€
Property Purchase Expenses
Property price
179,900€
Transfer tax 8%
14,392€
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.




















