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Ref: M270876
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Are you in search of a recently renovated and modern one-bedroom upstairs bungalow? This exquisite apartment, located in the Lago Jardin II condominium, is eagerly awaiting your arrival!Every detail has been meticulously considered in the apartment's renovation, resulting in a stylish and functional space. The modern and contemporary furnishings complement the overall aesthetic. The property boasts updated electrical wiring and water pipes, ensuring both safety and efficiency.Imagine having high-quality windows and balcony doors that now open inward. But that's not all - they feature double glazing and PVC frames, enhancing energy efficiency. Additionally, the bedroom and bathroom windows have a ventilation position, allowing for the swift removal of vapors, perfect after a hot shower.A dreamy, fully renovated kitchen awaits. Serving as the heart and highlight of the home, it features a ceramic hob, oven, full-sized fridge-freezer, pull-out cooker hood, and a convenient spice cabinet with extra space. The white kitchen cabinets paired with a stylish black countertop add a touch of elegance. There's also a well-designed sliding corner cabinet for pots and pans.In the living room, an air conditioner ensures comfort and opens to a sunny terrace. This terrace provides a green view of the condominium's beautiful garden and fountain, creating an ideal space for basking in the sunlight, enjoying good company, and taking in the scenic surroundings.The bedroom is equipped with a white built-in wardrobe featuring a clothes rail, shelves, and drawers for maximum storage. A quiet yet efficient ceiling fan with LED lights in various colors (cold, warm, neutral) adds a cool touch to summer nights.The bathroom, tastefully decorated, features a corner shower. The water heater and washing machine are cleverly placed within the bathroom. The window in the bathroom allows for good ventilation after a hot shower.The condominium boasts charming garden areas and a large swimming pool surrounded by grass, creating the perfect atmosphere for relaxation and sunbathing!The ideal location of the area adds to the allure of the apartment. Within a short walking distance, you'll find a diverse range of services, including small shops, restaurants, cafes, the renowned Hotel Doña Monse, Mercadona, a pharmacy, and a bus stop.Los Balcones is a charming residential area with bungalows, townhouses, and villas, offering a peaceful and idyllic living environment. Torrevieja city center is only 6 km away, and easy access to the AP7 ensures a seamless journey to Alicante, Cartagena, and beyond.The property is suitable for both year-round living and holiday rentals. The area enjoys solid popularity among vacationers and long-term tenants alike. Currently, there is a higher demand for long-term rental properties than the available supply, making this a promising investment opportunity!
Property Features
- 1 bedroom
- 1 bathroom
- 38m² Build size
- Private Terrace
- Double Glazing
- Fitted Kitchen
- Electricity
- Excellent
- Recently Refurbished
- Pool Communal
- Garden Communal
- E
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,680€
Final Payment of 90% on completion
87,120€
Property Purchase Expenses
Property price
96,800€
Transfer tax 8%
7,744€
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.