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Ref: 466584_24890
Property marketed by Vivacosta
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This exclusive residential project offers modern bungalows with a minimalist design just 250 meters from the sea, in one of the most promising areas of Torrevieja. Its excellent location provides easy access to the city center, the marina, and the General Hospital, surrounded by services, shops, and restaurants.The properties include 2 or 3 bedrooms, ranging from 97 m² to 127 m², with spacious terraces up to 30 m², and private gardens of 70 m² on the ground floors. The kitchens are American-style, fully equipped, and feature an island, offering a functional and modern space.The complex features a swimming pool, a climatized pool, a gym, landscaped areas, and a solarium. Each home includes large parking spaces and amenities such as a fire alarm and terraces designed to take full advantage of the Mediterranean climate.The development comprises 56 properties spread over 2 floors, with a total of 3 units currently available. Prices range from 330,000 € to 420,000 €, with an average surface area of 108 m².Project InformationProperty type: New buildClass: Free marketStatus: Under constructionExpected completion: December 2025
Property Features
- 2 bedrooms
- 2 bathrooms
- 102m² Build size
- Swimming Pool
- Garden
- Terrace: Yes
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
35,000€
Final Payment of 90% on completion
342,000€
Property Purchase Expenses
Property price
380,000€
Transfer tax 8%
30,400€
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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