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New Build Tourist Licensed Apartments 300 m from the Beach in TorreviejaModern Tourist Accommodation in Los FrutalesDiscover this exclusive new build development in Los Frutales, one of the most attractive residential areas of Torrevieja on the southern Costa Blanca. The project comprises 24 apartments and 3 townhouses, all with tourist licences, located approximately 300 metres from the Mediterranean Sea. It offers an appealing opportunity for investors seeking a property designed for holiday rentals in a popular coastal destination.Bright Interiors and Spacious Outdoor AreasThe homes offer layouts with 1 to 3 bedrooms and 1 to 2 bathrooms. Modern open-plan designs combine the living and dining areas with fully equipped kitchens, creating bright and welcoming interiors. Choose from ground-floor apartments with spacious terraces, middle-floor properties with generous outdoor areas, or penthouses featuring large terraces and private rooftop solariums where you can enjoy the Mediterranean climate and views of the surroundings.Residents can also enjoy a communal swimming pool surrounded by landscaped gardens, providing a relaxing space to unwind in the sunshine.Fully Furnished and Ready for Tourist RentalsEvery property is delivered fully furnished and equipped, including furniture, appliances, towels and decorative details. Additional features include fully installed ducted air conditioning, an aerothermal system for hot water, a safe and a remotely controlled entrance lock. Each home also includes a private parking space and a storage room.The development is designed for tourist accommodation, combining a convenient location with a turnkey solution for holiday rental management. Under the stated operating conditions, owners must entrust tourist rental management to the complex's hotel operator and may use the property personally for a maximum of four months per year. The purchase is subject to 21% VAT, which may be deductible depending on the buyer's tax circumstances.Enjoy the Beaches and Lifestyle of TorreviejaTorrevieja is a lively coastal city known for its sandy beaches, Mediterranean climate, marina, restaurants and year-round services. The Los Frutales area offers a relaxed residential atmosphere while remaining close to the coastline, shops, cafes and local dining options. The nearby promenades and beaches make it easy for visitors to enjoy seaside walks, water sports and the relaxed Spanish lifestyle.Approximate distances to key points of interest:- Torrevieja town centre and marina: 3 km- Playa del Cura: 2 km- La Mata Natural Park: 5 km- Villamartin Golf: 13 km- Alicante-Elche Airport: 43 km- Murcia International Airport: 65 kmAn Investment Opportunity on the Costa BlancaWith a tourist licence, complete furnishings, parking and storage included, this development offers a convenient investment option in a well-established holiday destination.
Property Features
- 1 bedroom
- 1 bathroom
- 46m² Build size
- Swimming Pool
- Safety deposit box
- Near bus route
- Parking, Uncovered
- Pool, Communal
- Elevator
- Gated complex
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
20,990€
Final Payment of 90% on completion
215,910€
Property Purchase Expenses
Property price
239,900€
Transfer tax 8%
19,192€
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.
Mortgage Calculator
Mortgage Amount:
239,900€
Deposit:
€
Interest Rate:
%
Period:
Mortgage Result
* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.
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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.