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Ref: ANB-20297
Property marketed by OLIVIA REAL ESTATE
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NEW BUILD APARTMENTS IN TORREVIEJA New Build apartments with community solarium and jacuzy on the roof and commercial premises in Torrevieja close to the beach. The building is made up of 3 bedrooms, 2 bathrooms apartments, with only 4 homes per floor, designed both for year-round residence and for those looking to enjoy their vacations without giving up anything. Within a radius of 500 meters you have all the amenities: you may need: restaurants, pharmacies, health center, town hall, post office, all kinds of shops, and of course the promenade and the beach. The homes have a contemporary design and a kitchen concept integrated into the living room. The master bedroom has an en-suite bathroom, and the price of the houses includes a garage space in the basement. In addition, there is a storage room an options at an extra cost. All the apartments have a terrace. On the roof of the building there is a pleasant communal area with a jacuzzi, showers and a relaxation area. Torrevieja is a Spanish town in the province of Alicante, on the Costa Blanca. It is known for its typically Mediterranean climate and coastline. It has boardwalks with resorts along its sandy beaches. The small Museum of the Sea and Salt houses exhibitions on the fishing and salt history of the city. In the interior, the Lagunas de La Mata-Torrevieja Natural Park has trails and two salty lagoons, one pink and the other green. Alicante airport located 40 minutes away and Murcia airport about 1 hour away.
Property Features
- 3 bedrooms
- 2 bathrooms
- 102m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
15,400€
Final Payment of 90% on completion
165,600€
Property Purchase Expenses
Property price
184,000€
Transfer tax 8%
14,720€
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.