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Ref: AG19149765
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Beautiful independent villa in La Siesta, Torrevieja. It has 400 m2 of plot and 100 m2 built. With two bedrooms and a bathroom, fully equipped independent kitchen and large living-dining room. The house also has a driveway, garage, storage room and solarium. A large garden with barbecue area and swimming pool. The house is fully equipped, as can be seen in the photos. Ready to move into. Very quiet area of Torrevieja, close to all services such as supermarkets, restaurants, parks, health center, bus stop... Distance to the beach: 6km.IBI expenses €400. No community fees.
Property Features
- 2 bedrooms
- 1 bathroom
- 100m² Build size
- 400m² Plot size
- Ceramic tiles
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
17,950€
Final Payment of 90% on completion
188,550€
Property Purchase Expenses
Property price
209,500€
Transfer tax 8%
16,760€
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.