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Property marketed by The Property Group
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We present this unique opportunity to purchase a townhouse in the Torretas area of ??Torrevieja Priced at a very attractive €99,000, the property has a built area of ??52 m² It is west-facing and includes an additional plot of land spanning a generous 75 m² The location is ideal for those seeking tranquility near the sea; beautiful local beaches are just 3 km away The home features two well-laid-out double bedrooms and a full bathroom Although it currently requires renovation, it offers great potential for customization to suit your personal style and family needs Additionally, the property is entirely exterior-facing, ensuring plenty of natural light throughout the day Extras include a private terrace for enjoying the outdoors in the comfort of your own home, as well as the benefits of living in a quiet residential community surrounded by nearby schools and the amenities necessary for a high quality of family life Contact us for more information
Property Features
- 2 bedrooms
- 1 bathroom
- 52m² Build size
- 75m² Plot size
- Patio
- Laundry Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,900€
Final Payment of 90% on completion
89,100€
Property Purchase Expenses
Property price
99,000€
Transfer tax 8%
7,920€
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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