4 bedroom Apartment for sale in Torrevieja, Alicante, Spain

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Ref: 696581

Property marketed by Girasol Assen B54983077

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This 4 Bedroom 1 Bathroom Apartment is located on Calle Joaquin Chaparieta in Torrevieja. Ideally positioned close to all amenities apartment could be the ideal 'Investment Project' for someone. Located on the 2nd floor the property is in need of 100% renovation and currently consists of 4 bedrooms, kitchen and bathroom spanning 89m2.

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Property Features

4 bedrooms
1 bathroom
89m² Build size
89m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

7,000€

Final Payment of 90% on completion

89,999€

Property Purchase Expenses

Property price

99,999€

Transfer tax 8%

8,000€

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.

Mortgage Calculator

Mortgage Amount:

99,999€

Deposit:

€

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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.