1 bedroom Apartment for sale in Torrevieja, Alicante, Spain

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Ref: 610047

Property marketed by Girasol Assen B54983077

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Apartment on the 3rd floor, located in Punta Prima, Lyon building. South facing and only 300 meters from the beach. With an area of 48m2, it consists of a living-dining room, 1 large bedroom, 1 complete bathroom, an independent kitchen and a terrace. Residential with large green areas and swimming pools. Outdoor community parking not numbered. At 30m Nautilus restaurant and the promenade of Punta Prima, 10 min walk CC Punta Marina.

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Property Features

1 bedroom
1 bathroom
48m² Build size
Swimming Pool

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

8,900€

Final Payment of 90% on completion

107,100€

Property Purchase Expenses

Property price

119,000€

Transfer tax 8%

9,520€

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:

119,000€

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%.