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Ref: 10721
Property marketed by Inmo Investments
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New build apartment for sale in Torrevieja. The apartemtn is located on the 3rd floor, and it offers 2 spacious bedrooms, 2 bathrooms (one ensuite), an open-plan living and dining area and a modern kitchen. The complex offers a public roof terrace with communal pool for its residents. Centrally located just a few hundred metres from the sandy beach. The promenade and local amenities are also within walking distance. Contact us for more information.
Property Features
- 2 bedrooms
- 2 bathrooms
- 88m² Build size
- Communal Pool
- Air conditioning
- Quality build
- Balcony
- Walking Distance to Amenities
- Walking Distance to Beach
- Modern design
- Resale of a newbuild
- Lift
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
29,500€
Final Payment of 90% on completion
292,500€
Property Purchase Expenses
Property price
325,000€
Transfer tax 8%
26,000€
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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Spanish Property News & Updates by Spain Property Portal.com
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.