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Ref: M273653
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Discover an expansive gem nestled in the heart of Torrevieja! This generously sized property boasts 5 bedrooms, 2 bathrooms, and a cozy living room adorned with a fireplace, perfect for chilly evenings. Step out onto the balcony and soak in the urban vistas. The sizable kitchen, complete with an Andalusian-style patio, offers ample space for culinary creations. Additional highlights include a storage room and fitted wardrobes in all bedrooms. Whether you're seeking an investment opportunity or a permanent residence, this property offers versatility and charm for year-round enjoyment.
Property Features
- 5 bedrooms
- 2 bathrooms
- 250m² Build size
- 250m² Plot size
- fireplace
- Fitted Wardrobes
- air-conditioning
- walking distance to beach
- Elevator
- ONE LEVEL
- Terrace
- Gated Community
- Walking distance to shops
- Walking distance to bars
- Walking distance to restaurants
- Needs modernising
- X
- Not Furnished
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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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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.