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Ref: M273864
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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The house has 5 large bedrooms, 2 full bathrooms, (1 bathroom en suite), a living room and dining room of about 30 m², fireplace in the living room, partially equipped independent kitchen with access to the patio, PVC windows, interior woodwork.Building with elevator.Sold as is in the photosA few meters from the Town Hall square, the new municipal theater, close to all services and two blocks from the promenade and the Torrevieja Nautical Club.Community: € 50 per monthIBI: € 839.10 YearYear of construction 1993
Property Features
- 5 bedrooms
- 2 bathrooms
- Double Bedrooms: 5
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
28,500€
Final Payment of 90% on completion
283,500€
Property Purchase Expenses
Property price
315,000€
Transfer tax 8%
25,200€
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.