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Ref: ANB-27792
Property marketed by OLIVIA REAL ESTATE
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NEW BUILD APARTMENTS IN TORREVIEJA NEAR LOS LOCOS BEACH New Build Residential Complex consists of 29 of 1 or 2 bedrooms aparments and penthouses. The complex is set out over five storeys and the location is next the shopping area complete with traditional tapas bars, shops, pavement cafes, banks, international eateries and much more local amenities that enhances this ever so popular holiday and residential destination. The Complex includes: - high quality materials - underground private parking - storage rooms - heated communal swimming pool with salt water - Finish sauna - communal areas Beautiful apartments with spacious living rooms, open plan kitchen that are fully furnished with all the electrical appliances, bathrooms with sink units, mirrors, shower screens and underfloor heating systems and private terraces. 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
- 1 bedroom
- 1 bathroom
- 48m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,500€
Final Payment of 90% on completion
130,500€
Property Purchase Expenses
Property price
145,000€
Transfer tax 8%
11,600€
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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