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Ref: W-04A0GD
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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76 m² apartment located on the fifth floor of a six-storey building, within a gated residential complex with a communal swimming pool in the Nueva Torrevieja area. The property features 3 bedrooms, 1 bathroom, and all rooms have exterior-facing windows, providing plenty of natural light and good ventilation. The apartment is ready to move into, partially furnished, and includes a garage parking space in the price. The property enjoys pleasant open views towards the sea and the lake, creating a spacious and bright atmosphere. The location offers all the services needed for everyday life: schools, supermarkets, shops, pharmacies, restaurants, cafés and other local businesses and services are all nearby. A practical and bright property, ideal as a permanent residence, holiday home or investment.
Property Features
- 3 bedrooms
- 1 bathroom
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,500€
Final Payment of 90% on completion
175,500€
Property Purchase Expenses
Property price
195,000€
Transfer tax 8%
15,600€
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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