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Ref: HSI-250466
Property marketed by HOUSE IN SPAIN INVEST
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Completely renovated 2 bedroom ground floor bungalow for sale in Nueva Torrevieja. This bungalow has been completely renovated, including electrical installation and plumbing.
The property offers a sunny garden with a small storage room, a spacious living room with an almost brand new fitted kitchen with a silestone worktop and breakfast bar, 2 bedrooms and a bathroom with walk in shower.
It's sold unfurnished, except for the bed and the closet in the main bedroom.
No community fees!
Do not miss the chance to buy this sunny renovated ground floor bungalow in Nueva Torrevieja!
Property Features
- 2 bedrooms
- 1 bathroom
- 43m² Build size
- Airconditioning (hot & cold)
- Alarm system
- Close to the beach
- Communal parking area
- East facing
- Fully renovated
- Garden
- Storage room
- White goods
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,000€
Final Payment of 90% on completion
126,000€
Property Purchase Expenses
Property price
140,000€
Transfer tax 8%
11,200€
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.