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Opportunity! 1st Line Large Apartment Recently Renovated in Los Locos Beach, Torrevieja.
Newly renovated apartment on the First Line of Los Locos Beach. Right on the beach. Direct access from the Portal itself. It has a large sunny terrace facing south. It is sold Furnished, Very Well Decorated and of great Value to Rent for Season or to Live all year round.
3 bedrooms
2 bathrooms
90m2
1st Line to Beach
South Facing
Terrace
Furnished
Great Rental potential
Newly renovated apartment on the First Line of Los Locos Beach. Right on the beach. Direct access from the Portal itself. It has a large sunny terrace facing south. It is sold Furnished, Very Well Decorated and of great Value to Rent for Season or to Live all year round.
3 bedrooms
2 bathrooms
90m2
1st Line to Beach
South Facing
Terrace
Furnished
Great Rental potential
Property Features
- 3 bedrooms
- 2 bathrooms
- 90m² Build size
- good condition
- immaculate condition
- well presented
- tastefully decorated
- refurbished
- renovated
- spacious accommodation
- stylish accommodation
- access to beach
- central
- near transport
- near beach
- close to the sea
- close to shops
- close to golf
- exclusive development
- first line beach
- prestigious area
- popular urbanisation
- close to all amenities
- terrace
- good rental potential
- very good access
- furnished
- close to medical facilities
- sea views
- close to restaurants
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,000€
Final Payment of 90% on completion
260,996€
Property Purchase Expenses
Property price
289,995€
Transfer tax 8%
23,200€
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.