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Ref: BCD4674
Property marketed by Costa Blanca Housing
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FRONT LINE BEACH OPPORTUNITY!!!
3rd Floor Apartment on the Acequión Beachfront in Torrevieja.
The house has a Hall, 2 full bathrooms with shower, 3 double bedrooms, a very spacious living room with an American kitchen and a large terrace with direct views of the beach.
Totally Reformed.
3rd Floor Apartment on the Acequión Beachfront in Torrevieja.
The house has a Hall, 2 full bathrooms with shower, 3 double bedrooms, a very spacious living room with an American kitchen and a large terrace with direct views of the beach.
Totally Reformed.
Property Features
- 3 bedrooms
- 2 bathrooms
- 128m² Build size
- 22m² Plot size
- 3 bedrooms
- Puerta Blindada
- Terraza
- 1ª Línea de Playa
- Vistas Al Mar
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,800€
Final Payment of 90% on completion
268,200€
Property Purchase Expenses
Property price
298,000€
Transfer tax 8%
23,840€
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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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.