7 bedroom Apartment for sale in Torrevieja, Alicante, Spain

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Ref: M269769

Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )

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Apartment of about 200 square meters that can be divided into several houses or premises. Located in the center of Torrevieja close to the most important businesses and services in Torrevieja. The apartment has two balconies that overlook Ramon Gallud street, two bathrooms with the possibility of making more and a large terrace in the back. Very acceptable profitability for investors. High monthly returns.

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Property Features

7 bedrooms
2 bathrooms
200m² Build size
Beach: 200 Meters
Useable Build Space: 190 Msq.
Double Bedrooms: 7
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Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

22,400€

Final Payment of 90% on completion

228,600€

Property Purchase Expenses

Property price

254,000€

Transfer tax 8%

20,320€

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.

Mortgage Calculator

Mortgage Amount:

254,000€

Deposit:

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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Apartment for sale

Torrevieja, Alicante

249,500€
7
2
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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.