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Bargain! Spacious Apartment in Torrevieja
Bedrooms: 2
Bathrooms: 1
Built area: 72 m²
Floor: 1st
Year Construction: 2006
Kitchen: American – Equipped
Terrace: Not Glazed – 4 m²
Orientation: Southeast
Views: To the sea
Armored door: Yes
Air conditioning: Yes
Elevator: Yes
Built-in wardrobes: Yes
Number of floors in the building: 3
In good condition
2 bedroom apartment in the Center area with lateral sea views
Apartment in the Center area with 2 bedrooms, 1 bathroom, 72 m2 of surface with lateral views of the sea. In a building surrounded by all services
Bedrooms: 2
Bathrooms: 1
Built area: 72 m²
Floor: 1st
Year Construction: 2006
Kitchen: American – Equipped
Terrace: Not Glazed – 4 m²
Orientation: Southeast
Views: To the sea
Armored door: Yes
Air conditioning: Yes
Elevator: Yes
Built-in wardrobes: Yes
Number of floors in the building: 3
In good condition
2 bedroom apartment in the Center area with lateral sea views
Apartment in the Center area with 2 bedrooms, 1 bathroom, 72 m2 of surface with lateral views of the sea. In a building surrounded by all services
Property Features
- 2 bedrooms
- 1 bathroom
- 72m² Build size
- near transport
- near beach
- close to shops
- close to golf
- terrace
- lift
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,200€
Final Payment of 90% on completion
91,800€
Property Purchase Expenses
Property price
102,000€
Transfer tax 8%
8,160€
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.