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Ref: MLSC2311056
Property marketed by The Property Group
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What if your apartment on the coast cost less than many rentals? Are you looking for an apartment by the coast to enjoy the sun all year round or an investment ready to generate returns from day one? We present this excellent opportunity in Torrevieja: a cozy top-floor apartment, very bright, with unobstructed sea views, located in a community with a swimming pool and all services nearby The property includes: - 1 bedroom - Living-dining room with good natural light - Terrace ideal for enjoying the Mediterranean climate - Equipped kitchen - Full bathroom - Air conditioning - Delivered furnished Thanks to its height and orientation, you will enjoy natural light throughout the day and a perfect atmosphere in both summer and winter Building with elevator in a quiet community, with a communal pool Excellent location: - Just 1 km from the sea - Close to supermarkets, restaurants, and transportation - Ideal area for both living and vacationing Perfect for: - Second residence - Investment in vacation rental - Affordable first home on the coast Low expenses and great potential for profitability Don't miss this opportunity! Apartments of this type with these characteristics and price are in high demand and tend to sell quickly
Property Features
- 1 bedroom
- 1 bathroom
- 35m² Build size
- Close to Shops
- Communal Pool
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,726€
Final Payment of 90% on completion
105,534€
Property Purchase Expenses
Property price
117,260€
Transfer tax 8%
9,381€
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.























