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Ref: M271063
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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We offer for sale a single-storey individual bungalow with no upstairs neighbours in Nueva Torrevieja Located in a gated community of 16 bungalows. The location of the internal corner house ensures that they have more privacy from the neighbours. It has its own parking and a communal swimming pool The total area is 124m2 of which 70m2 are bungalows and 54m2 are terraces. South facing (sun all day) The all-new 2023 Refurbishment with contemporary style. Two bedrooms, two bathrooms, kitchen, living room, upper terrace overlooking the pool, lower terrace with lawn and green areas. Aluminum windows, air conditioning in all rooms. Own parking space. The urbanisation has a communal swimming pool.Community - 300 YearIBI - 250 Year
Property Features
- 2 bedrooms
- 2 bathrooms
- 54m² Plot size
- Sauna
- Jacuzzi
- aire acondicionado
- alarma
- ascensor
- terraza
- jardín
- gimnasio
- Árboles
- Autobuses
- Centros comerciales
- Colegios
- Costa
- Despensa
- Hospitales
- Metro
- Satélite
- Zonas Infantiles
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
18,000€
Final Payment of 90% on completion
189,000€
Property Purchase Expenses
Property price
210,000€
Transfer tax 8%
16,800€
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.