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Duplex Penthouse with Terrace and Two Balconies Just 5 Minutes from the Beach Beautiful duplex penthouse located in an excellent area of Torrevieja, just a 5-minute walk from both Los Locos Beach and El Cura Beach, two of the city's most popular beaches, known for their sandy shores, seafront promenades, restaurants, cafés, and vibrant year-round atmosphere The property stands out for its outdoor spaces, featuring a spacious entrance terrace, perfect for enjoying the Mediterranean climate and outdoor living, as well as two additional balconies that provide plenty of natural light and ventilation throughout the home Access to the property is through the terrace, leading directly into a bright and welcoming living room On this floor, you will also find an independent kitchen with newly installed flooring, a guest toilet, and a balcony accessed from the kitchen area The upper floor offers two generously sized bedrooms The master bedroom benefits from air conditioning and direct access to a private balcony This level also features a large, fully renovated bathroom The property has been significantly improved over the last year, including a complete bathroom renovation, new kitchen flooring, a full electrical system upgrade throughout the home, and fresh interior painting Another major advantage is that there are no community fees, providing significant annual savings and greater independence for the owner An excellent opportunity as a permanent residence, holiday home, or investment property in one of Torrevieja's most sought-after locations Ready to move into and enjoy from day one
Property Features
- 2 bedrooms
- 1 bathroom
- 91m² Build size
- Location: Urbanisation
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,300€
Final Payment of 90% on completion
128,700€
Property Purchase Expenses
Property price
143,000€
Transfer tax 8%
11,440€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.























