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Ref: AG19MLSC9679761
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70 m² apartment on the third floor, located in the Suecia building (Rocío del Mar, Punta Prima), just 300 meters from the coast. The property, built in 1983, maintains its original condition and requires a complete renovation, offering the ideal space and distribution to design a totally personalized home.It consists of a large living room, a terrace with sea views, two spacious bedrooms, and two full bathrooms. The residential complex includes a communal swimming pool in front of the building and covered outdoor parking with unassigned spaces subject to availability.Located in Rocío del Mar, a quiet and sought-after area between Torrevieja and Orihuela Costa, surrounded by services available all year round, coves, and beaches. It is 5 minutes from Zenia Boulevard shopping center, close to top-tier golf courses, and 45 minutes from Alicante-Elche Airport. A property with excellent potential as an investment or holiday home after its renovation.
Property Features
- 2 bedrooms
- 2 bathrooms
- 70m² Build size
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,500€
Final Payment of 90% on completion
139,500€
Property Purchase Expenses
Property price
155,000€
Transfer tax 8%
12,400€
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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