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Ref: M270805
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Flat for sale: living room with balcony and american kitchen + 2 bedrooms, one of them with balcony + 1 complete bathroom. The flat is located in the centre of Torrevieja in Patricio Zammit street, 48. The flat has south facing windows, 57 m2 of living space, very dry and bright. Situated on the 4th floor of a 5 storey building built in 2022 with lift and wheelchair access. It consists of a small hall with exit to the right to the children's bedroom with window to the patio, corridor with access to the living room with balcony and fully fitted kitchen. From the living room there is access to the master bedroom with balcony, fitted wardrobe and window overlooking the bus station. Sold furnished, with all white goods and white goods. Price in "come to live" format - 105 000 euros....
Property Features
- 2 bedrooms
- 1 bathroom
- 57m² Build size
- Views: Sea
- Patio
- Near bus route
- Near Schools
- Location: Coastal
- Elevator/Lift
- Air Conditioning: Yes
- Beach: 300 Meters
- Useable Build Space: 64 Msq.
- WC: 1
- Single Bedrooms: 1, Double Bedrooms: 1
- X
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,500€
Final Payment of 90% on completion
94,500€
Property Purchase Expenses
Property price
105,000€
Transfer tax 8%
8,400€
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.