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Ref: AG19147248
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Exquisite third-floor apartment with panoramic views near the center of Torrevieja. The property has 90m2 built, this bright home offers a spacious living room with integrated kitchen, two bright bedrooms, and two bathrooms (one with a bathtub). Enjoy the views from the large balcony. The building has an elevator and a communal pool. The property has a tourist license. All services are very close.
Property Features
- 2 bedrooms
- 2 bathrooms
- 90m² Build size
- Swimming Pool
- Near bus route
- Aircondition, Split system
- Pool, Communal
- Elevator
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,600€
Final Payment of 90% on completion
122,400€
Property Purchase Expenses
Property price
136,000€
Transfer tax 8%
10,880€
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.