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Ref: M268669
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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The property is located in the city center of Torrevieja in a modern-style building built in 2006. The property has a spacious corridor, 3 double bedrooms, 2 bathrooms one of them en suite with master bedroom, fully fitted independent kitchen with laundry room, large storage room, spacious living room with access to the terrace with unobstructed urban views. The property is well decorated with soft tones, all of high quality. Sold fully furnished and equipped. Parking space in the same building is included in the price.
Property Features
- 3 bedrooms
- 2 bathrooms
- 121m² Build size
- Near bus route
- Laundry room
- Near Schools
- Double Bedrooms: 3
- Near Commercial Center
- Elevator/Lift
- Air Conditioning: Yes
- Has Main Electric
- X
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
18,300€
Final Payment of 90% on completion
191,700€
Property Purchase Expenses
Property price
213,000€
Transfer tax 8%
17,040€
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.