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Ref: JAD-97778
Property marketed by OLIVIA REAL ESTATE
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A very centrally located apartment of 60m2 for sale in Torrevieja.The living space is distributed into a lounge/dining room with patio door access to the balcony there are two double bedrooms and a family bathroom, there is also a fully fitted kitchen.This property also benefits from having hot and cold air conditioning and a lift to all floors there is also the use of a communal swimming pool, and it is ideally located to be able to walk to all shops, bars, restaurants and the sea front.
Property Features
- 2 bedrooms
- 1 bathroom
- 60m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,000€
Final Payment of 90% on completion
90,000€
Property Purchase Expenses
Property price
100,000€
Transfer tax 8%
8,000€
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.
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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.