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Ref: PHIP-781
Property marketed by JMT Spanish Properties
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This fabulous, fully furnished, first floor, 2 bed/1 bath first floor apartment has a solarium with sea views and is within easy walking distance to the beach in the popular area of Aguas Nuevas, Torrevieja.The property consists of a lounge/diner with patio doors leading to a balcony area, double bedroom, twin bedroom, American kitchen and a family bathroom with walk-in shower. There is a staircase leading to a lovely solarium with great views. There is a lovely communal pool area just a few steps away and a parking space is included. Extras included in this property are ceiling fan & air con in the lounge and a ceiling fan in the master bedroom, sun awning on front terrace, water filter for easy drinking water, fitted wardrobes and the washing machine and fridge freezer have recently been replaced. The property is in Altos de Bahia, Aguas Nuevas which is a popular area with nice open spaces and within very easy walking distance to the beaches and several commercial areas. Torrevieja town is just 6 minutes in the car. There are many local beaches to choose from and a vast array of amenities all within a few minutes' drive such as, water park, ten pin bowling, multiscreen cinema, an abundance of top-class golf courses, adventure/crazy golf and lots of local street markets. There is a good bus service and excellent motorway links. This property is ideal for either holidays, full time living or for investment and should be viewed to be appreciated.
Property Features
- 2 bedrooms
- 1 bathroom
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,500€
Final Payment of 90% on completion
112,500€
Property Purchase Expenses
Property price
125,000€
Transfer tax 8%
10,000€
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.