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Ref: M268852
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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This apartment in Punta Prima offers a privileged location and only 400 metres to the beach. It would be an ideal place to enjoy a relaxed coastal lifestyle in Torrevieja.This modern apartment on the 1st floor has been decorated to a high standard with feature walls and modern furniture. It has a bright fitted kitchen, and bathroom with walk in shower. Set in an apartment block with private parking, lift and the communal swimming pool. Viewing is recommended.
Property Features
- 2 bedrooms
- 1 bathroom
- 75m² Build size
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,600€
Final Payment of 90% on completion
122,400€
Property Purchase Expenses
Property price
136,000€
Transfer tax 8%
10,880€
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.