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Ref: JBRIDB9098
Property marketed by JMT Spanish Properties
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Lovely townhouse on outskirts Torrevieja set on private and secure complex, the property has 2 beds, lounge/diner , fitted kitchen , 1 family bathroom, lots of storage and outside space with front patio / garden and a huge private sun solarium of 39m2 ideal for entertaining. The complex has communal swimming pool for owners and their guests only. With plenty parking on complex. Lovely property, the I.B.I is just 112 Euros a year. Walk to local amenities. Good bus route covers this area for popping on the bus to get to beach or 10 minute drive. Book to view with JMT Spanish Properties.
Property Features
- 2 bedrooms
- 1 bathroom
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,500€
Final Payment of 90% on completion
103,500€
Property Purchase Expenses
Property price
115,000€
Transfer tax 8%
9,200€
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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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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.