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Ref: M273116
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Torres Beach. Penthouse, duplex on the Torres beachfront. Unbeatable roads to the sea and the mountains. Very spacious property, distributed over two floors.Main floor has 2 bedrooms, 2 bathrooms, living room, separate kitchen, hall. Another floor has a large solarium with an installed shower, part of the summer kitchen with its sink and barbecue. All with great size. The price includes an underground garage and storage room. Gated community with swimming pools, gardens, jacuzzi, social club, sauna and sports club. A very special and very beautiful property. 110 m2 build plus terrace 80 m2 2 bedrooms 2 bathrooms solarium, terrace garage storage room. Located on Eighth floor
Property Features
- 2 bedrooms
- 2 bathrooms
- 110m² Build size
- Communal Pool
- Air Conditioning
- Garage
- Elevator
- Gated Community
- partly furnished
- Electric Heating
- Built in wardrobes
- Central Air Conditioning
- Roof solarium
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
27,000€
Final Payment of 90% on completion
270,000€
Property Purchase Expenses
Property price
300,000€
Transfer tax 8%
24,000€
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.