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Ref: AG19148018
Property marketed by Spain Property Shop S.L
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Your new home in Aguas Nuevas is waiting for you! We present to you a wonderful house in residencial Los Olivos, located in one of the most sought-after areas of Torrevieja. This charming property with 2 floors has everything you need to fully enjoy the Mediterranean life. Property Features: 2 bedrooms perfect for rest and relaxation. 1 toilet on the ground floor and 1 full bathroom on the upper floor. Spacious terrace ideal for outdoor dining and peaceful moments. Balcony with pleasant views, perfect for your morning coffee. Fully furnished and equipped East orientation, ensuring natural light throughout the day. Air Conditioning to keep you cool on hot days. Access to a fantastic community pool where you can relax and socialize. This cozy home is part of the exclusive Los Olivos residential area, known for its tranquil and safe environment. Just minutes from the beaches, shops, restaurants, and all the services Torrevieja has to offer. Don't miss this opportunity! Come visit your future home and fall in love with the property, the area and the climate. Legal costs and VAT not included in the price.
Property Features
- 2 bedrooms
- 1 bathroom
- 61m² Build size
- Swimming Pool
- Near bus route
- Heating, Central
- Pool, Communal
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,890€
Final Payment of 90% on completion
134,010€
Property Purchase Expenses
Property price
148,900€
Transfer tax 8%
11,912€
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.