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Ref: M268663
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Nice apartment in the centre of Torrevieja with 4 bedrooms, 2 bathrooms one of them refurbished, a bright and large living room with access to the balcony, and a renovated and equipped kitchen. The property includes two patios. Close to all services. Only 270m to the seafront promenade. It is a great property to live all year round or for investment.
Property Features
- 4 bedrooms
- 2 bathrooms
- 143m² Build size
- Patio
- Near bus route
- Near Commercial Center
- Elevator/Lift
- Useable Build Space: 117 Msq.
- Double Bedrooms: 4
- Has Main Electric
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,900€
Final Payment of 90% on completion
152,100€
Property Purchase Expenses
Property price
169,000€
Transfer tax 8%
13,520€
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.