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Ref: PHIP-921
Property marketed by JMT Spanish Properties
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Location, location, location! This is what it is all about when it comes to real estate. The very best is rarely for sale, but sometimes it still happens and that is when you have to be spot on and ready to go.This is one of those very rare occasions. This one of a kind has just hit the market.It is a luxury apartment close to everywhere in the centre of Torrevieja and so near to all amenities. The seaside promenade starts right on the doorstep, the Plaza Miguel Hernandez is just around the corner, the main Plaza de la Constitución is within a two-minute walk and so are the main shopping streets.The apartment comprises of 5 bedrooms, 4 bathrooms, a beautiful and big lounge and dining area, a semi-open kitchen with separate storage room.From the balcony you can enjoy the most beautiful sunsets and the view towards the Marina Int'l and the Royal Club Nautico.The property sells with most of the furniture included. In the underground there is a private parking for you.The standards of the building, the apartment itself and the great location make it a perfect combination for someone looking for a luxury home in the heard of Torrevieja.
Property Features
- 5 bedrooms
- 4 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
50,000€
Final Payment of 90% on completion
477,000€
Property Purchase Expenses
Property price
530,000€
Transfer tax 8%
42,400€
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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Spanish Property News & Updates by Spain Property Portal.com
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.