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Ref: MLSC957619
Property marketed by The Property Group
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We present a charming apartment in the El Molino area of ??Torrevieja This spacious property has a built area of ??66 m² and a west-facing orientation, ensuring plenty of natural light for much of the day It features two double bedrooms, making it ideal as either a permanent residence or a holiday home Located just 700 meters from the sea, it is the perfect spot for those seeking proximity to the beach without sacrificing a peaceful residential atmosphere The apartment is in need of renovation, offering an excellent opportunity to customize the space to your own tastes and needs It also boasts a private 5 m² terrace where you can relax and enjoy the Mediterranean climate The complex offers amenities such as a communal swimming pool—perfect for cooling off on hot summer days Additionally, it is close to shopping centers and schools, making daily errands convenient and hassle-free
Property Features
- 2 bedrooms
- 1 bathroom
- 66m² Build size
- Communal Pool
- Laundry Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,300€
Final Payment of 90% on completion
101,700€
Property Purchase Expenses
Property price
113,000€
Transfer tax 8%
9,040€
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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