2 bedroom Apartment for sale in Torrevieja, Alicante, Spain

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Ref: 640018

Property marketed by Girasol Assen B54983077

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Apartment with sea views, located in Punta Prima 50m from the beach. Apartment on the ground floor with an area of approx. 70m2, consists of 2 bedrooms and 1 bathroom, living room, open kitchen, fully equipped. South orientation. On sale furnished and equipped. Included in the price is a storage room on the roof of the building and a closed garage in the underground garage. Community offers large community pool and green areas. 50m away from the Nautilos restaurant and the Punta Prima promenade.

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Property Features

2 bedrooms
1 bathroom
70m² Build size
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.

Mortgage Calculator

Mortgage Amount:

125,000€

Deposit:

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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.