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Ref: M274610
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Apartment in Torrevieja, Playa del Cura area, 62 m. surface, 600 m. from the beach, 2 double bedrooms, one bathroom, property ready to move into, equipped kitchen, oak interior carpentry, north facing, tiled floor, aluminum / climalit exterior carpentry.Extras: water, air conditioning, built-in wardrobes, elevator, balcony, bright, light, furniture, solarium, high ceilings, terrace, adapted housing, buses, trees, central, shopping centers, medical centers, schools, coast, parks, supermarkets, clear views
Property Features
- 2 bedrooms
- 1 bathroom
- 49m² Build size
- 62m² Plot size
- Air Conditioning
- Covered Terrace
- Elevator
- Fitted Kitchen
- Shutters
- Close to all Amenities
- Washing machine
- Water tank
- fitted bathroom
- Refrigerator
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,990€
Final Payment of 90% on completion
89,910€
Property Purchase Expenses
Property price
99,900€
Transfer tax 8%
7,992€
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.