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Ref: MLSC7005181
Property marketed by The Property Group
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A cozy bungalow is offered in the sought-after area of Torreta, Torrevieja — a great option for both personal residence and vacation or profitable investment ???? 2 bedrooms ???? 1 bathroom ?? Large solarium ???? Barbecue area The main advantage of the house is the spacious solarium, where you can enjoy the sunny climate of the Costa Blanca, host family dinners, and meet with friends The equipped barbecue area turns this space into the perfect place to relax almost all year round The bungalow features a cozy atmosphere and a comfortable layout: two bedrooms allow for comfortable accommodation of family or guests, and its own outdoor relaxation area adds a special charm to the house ???? Torreta area, Torrevieja — a quiet and popular place for living and vacationing, with good infrastructure and everything necessary for comfortable living ? A great option for those dreaming of having their own house in sunny Spain! Suitable for permanent residence, family vacations, or renting out
Property Features
- 2 bedrooms
- 1 bathroom
- 54m² Build size
- Communal Pool
- Garden
- Orchard
- BBQ
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,999€
Final Payment of 90% on completion
143,991€
Property Purchase Expenses
Property price
159,990€
Transfer tax 8%
12,799€
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.























