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Ref: 658045
Property marketed by Girasol Assen B54983077
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This well presented (26m2) Studio apartment is the ideal starter home or lock up and go holiday home. Recently renovated to a good standard the apartment offers modern bathroom, kitchen, sleeping area with seating and dining area. The property is nice and light and bright and is only a short walk from local amenities and a 5min bus journey from Torrevieja. With use of the communal roof solarium you have the stunning views of the local salt lakes and distant mountains. With very low running costs its a great investment.. It comes fully furnished and is available for immediate purchase. For more details contact us today... Community Fee- 150e, Suma Fee -150e
Property Features
- 1 bedroom
- 1 bathroom
- 26m² Build size
- 26m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
2,600€
Final Payment of 90% on completion
50,400€
Property Purchase Expenses
Property price
56,000€
Transfer tax 8%
4,480€
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.