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Ref: M272041
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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We present you a spacious apartment in the center of Torrevieja, a few minutes walk from the port. This apartment has 3 bedrooms, 2 bathrooms including a jacuzzi, kitchen and a large living room overlooking the main street, with a total area of 128m2. ready to move in, or if you prefer, reform. This apartment is certainly interesting for people who would like to buy it as an investment property. This apartment will be very easy to rent, subject to a refurbishment of course. But with a few simple interventions, a big difference can be made here in Spain.
Property Features
- 3 bedrooms
- 2 bathrooms
- 128m² Build size
- 128m² Plot size
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,990€
Final Payment of 90% on completion
152,910€
Property Purchase Expenses
Property price
169,900€
Transfer tax 8%
13,592€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.