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Ref: M273578
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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This 59 m2 apartment is located in the Torreblanca area, just 900 metres (or three minutes by car) from the beautiful beaches of Torrevieja. With two spacious exterior bedrooms, a full bathroom with a shower and an equipped open-plan kitchen, this property has been renovated to offer comfort and modernity. In addition, it has a large terrace that offers sun and relaxation with direct access from the main living room. The building also has a lift, a well-kept communal garden and a shared swimming pool to enjoy on sunny days. Its excellent location provides easy access to nearby bus stops and important services such as shopping centres, schools or supermarkets.
Property Features
- 2 bedrooms
- 1 bathroom
- 50m² Build size
- 59m² Plot size
- Communal Pool
- Covered Terrace
- Elevator
- Fitted Kitchen
- Terrace
- Shutters
- Ceiling fans
- Close to all Amenities
- Oven
- Washing machine
- fitted bathroom
- Microwave
- Refrigerator
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,490€
Final Payment of 90% on completion
148,410€
Property Purchase Expenses
Property price
164,900€
Transfer tax 8%
13,192€
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.