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Ref: AG19MLSC4351250
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Located in a peaceful residential area of Torrevieja, this charming 56 m² bungalow offers comfortable living in a convenient location. The property features 2 bedrooms, making it ideal as a holiday home, permanent residence, or investment opportunity. Residents can enjoy access to a communal swimming pool, perfect for relaxing during the warm Mediterranean months. The bungalow is situated just over 1 km from the beach, allowing you to enjoy the coast while benefiting from a quiet setting. The property is close to a wide range of amenities, including parks, schools, restaurants, and local shops, providing everything you need within easy reach. Key Features: 2 bedrooms 56 m² built area Communal swimming pool Quiet residential location Just over 1 km from the beach Close to parks, schools, restaurants, and amenities Ideal as a holiday home, permanent residence, or rental investment.
Property Features
- 2 bedrooms
- 1 bathroom
- 56m² Build size
- Swimming Pool
- Near bus route
- Aircondition, Split system
- Pool, Communal
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,000€
Final Payment of 90% on completion
135,000€
Property Purchase Expenses
Property price
150,000€
Transfer tax 8%
12,000€
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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