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Ref: AG19150140
Property marketed by Spain Property Shop S.L
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Discover this charming bungalow in a peaceful urbanization, perfect for enjoying tranquility and comfort. The home features two spacious bedrooms, one bathroom, a semi-independent kitchen, and a cozy living room that opens onto a glass-enclosed terrace, ideal for relaxing and enjoying the surroundings. On the upper floor, you'll find a private solarium to enjoy stunning sunsets with a glass of wine. The residence boasts a wonderful community pool, perfect for cooling off on hot days. Nearby, supermarkets, restaurants, and bus stops offer all the necessary conveniences. Additionally, the beautiful beaches of Torrevieja are just a 10-minute drive away.
Property Features
- 2 bedrooms
- 1 bathroom
- 60m² Build size
- Swimming Pool
- Solarium
- Near bus route
- Pool, Communal
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,550€
Final Payment of 90% on completion
103,950€
Property Purchase Expenses
Property price
115,500€
Transfer tax 8%
9,240€
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.