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Ref: M269697
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Exceptional Penthouse. High Profitability. Located in the heart of Torrevieja, just 400 meters from the beach. It boasts 75.00 m² of interior space and a SPECTACULAR 30.00 m² TERRACE with a barbecue. Facing south, very bright! **Features:** - Nearly new property with high-quality standards. - 2 double bedrooms, an elegant and functional bathroom. - Centrally located, surrounded by essential services: supermarkets, various shops, pharmacies, health center, and bus stops. - Convenient access to the Mediterranean Highway AP7. - Only a 40-minute drive from Alicante International Airport. **Additional Advantages:** - TOURIST LICENSE for HIGH ANNUAL PROFITABILITY. - Top-quality finishes: porcelain flooring and aluminum/climalit exterior carpentry. - Outstanding extras: elevator, heating, exceptional brightness, high-speed internet connection (XML gateway). This penthouse not only offers an exceptional living space but also represents an INVESTMENT opportunity due to its TOURIST LICENSE and ability to generate HIGH ANNUAL PROFITABILITY. Contact us now, and our specialist team will provide you with more information or arrange your visit. **Community fees:** 35 euros per month.
Property Features
- 2 bedrooms
- 1 bathroom
- 75m² Build size
- BBQ
- Double Bedrooms: 2
- Elevator/Lift
- Useable Build Space: 50 Msq.
- Terrace: 30 Msq.
- Beach: 400 Meters
- Has Main Electric
- Heating: Yes
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,000€
Final Payment of 90% on completion
125,999€
Property Purchase Expenses
Property price
139,999€
Transfer tax 8%
11,200€
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.