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Ref: M271134
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Huge and spectacular flat of 150 m2 located in the centre of Torrevieja in a 3 storey building where there is one flat per floor, this being the second floor with south orientation. The property consists of 3 large bedrooms, bathroom and toilet. The flat is totally refurbished with quality materials and marble floors. It has a large living room of 25 m2 and access to the terrace where there are urban views, the living room is connected to the fully equipped and modern kitchen with island in the centre. The master bedroom has a dressing room and a large en-suite bathroom. The kitchen also has a small room that serves as a pantry and utility room for washing machine and dryer. The flat is sold with furniture and electrical appliances. The building has a lift. The price does not include taxes and sales expenses.
Property Features
- 3 bedrooms
- 1 bathroom
- 151m² Build size
- Near bus route
- Laundry room
- Number of Parking Spaces: 1
- Near Schools
- Double Bedrooms: 3
- Near Commercial Center
- Location: Coastal
- Elevator/Lift
- Beach: 500 Meters
- Heating: Yes, Air Conditioning: Yes
- Has Main Electric
- WC: 1
- Terrace: 6 Msq.
- Useable Build Space: 131 Msq.
- X
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,000€
Final Payment of 90% on completion
153,000€
Property Purchase Expenses
Property price
170,000€
Transfer tax 8%
13,600€
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.