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Ref: AG19MLSC1776348
Property marketed by Spain Property Shop S.L
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Discover this charming renovated apartment located in the coveted area of Nueva Torrevieja. With a built area of 60 m² and south orientation, this property offers natural light throughout the day. It features one double bedroom and one single bedroom, as well as a full bathroom that ensures comfort for its residents or visitors. Situated just 800 meters from the Mediterranean Sea, you will enjoy the nearby beaches without sacrificing urban comfort. The environment is ideal for families: it has nearby schools and children's play areas perfect for the little ones. Additionally, its location allows for easy access thanks to nearby buses connecting to other prominent areas of the city. This apartment presents an excellent opportunity both for a permanent residence and a vacation investment due to its high tourist demand in the coastal region.
Property Features
- 2 bedrooms
- 1 bathroom
- 60m² Build size
- Near bus route
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,790€
Final Payment of 90% on completion
133,110€
Property Purchase Expenses
Property price
147,900€
Transfer tax 8%
11,832€
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.























