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Ref: M271049
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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PRICE REDUCED FROM 450.000€ TO 405.000€!!!Apartment overlooking the port of Torrevieja. The property has 3 bedrooms, 2 bathrooms, kitchen, living room with incredible views of the bay, everything in perfect condition since it has never been used. It should be noted its exterior carpentry of first quality that makes it completely isolated from the outside, with electric shutters. Storage room and garage in the basementLocated in a very central area, it has all kinds of service around it. Less than 5 minutes walk from the Yacht Club, Casino, natural pools, etc. The ideal place to enjoy the sea and the sun.
Property Features
- 3 bedrooms
- 2 bathrooms
- 137m² Build 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%
37,500€
Final Payment of 90% on completion
364,500€
Property Purchase Expenses
Property price
405,000€
Transfer tax 8%
32,400€
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.