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Ref: M269304
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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South Facing Apartment for sale in Torrevieja with Good Outside Living Space - 2 Bedrooms - 2 Bathrooms - Separate Kitchen - Living Room - Terrace - Solarium -Garden - Large Community Pool with Green Areas - €115,000 EurosNice home with South orientation. 43m2 divided into two bedrooms, two bathrooms, separate kitchen and living room. Outside it has a garden and a large solarium. The residential has a very large community pool and green areas for the enjoyment of the owners.The bungalow is sold fully equipped as can be seen in the photos. IBI expenses: €139.48 Community expenses: €125 every 3 months
Property Features
- 2 bedrooms
- 2 bathrooms
- Swimming Pool
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,500€
Final Payment of 90% on completion
103,500€
Property Purchase Expenses
Property price
115,000€
Transfer tax 8%
9,200€
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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Spanish Property News & Updates by Spain Property Portal.com
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.