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Ref: M274609
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Bungalow in Torrevieja Las Calas area, with a surface area of ââ105 m2 and a plot of 237 m2. This property is located just 200 meters from the beach and has three bedrooms, a bathroom, a toilet, a fitted kitchen and white lacquered interior carpentry. In addition, it has access for people with reduced mobility (PRM), air conditioning, built-in wardrobes and includes furniture. The southwest orientation guarantees light throughout the day while the garden provides a perfect space to enjoy the Mediterranean climate. With parking included and close to public transport such as buses.
Property Features
- 3 bedrooms
- 1 bathroom
- 105m² Build size
- 237m² Plot size
- Air Conditioning
- Patio
- Security Grills
- GYMNASIUM
- Fitted Kitchen
- Laundry room
- Shutters
- Close to all Amenities
- Access to Beach
- Parking Space
- Dishwasher
- Oven
- fitted bathroom
- Shed
- Freezer
- Microwave
- Refrigerator
- Secure Parking
- Gated Plot
- bottled gas
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,000€
Final Payment of 90% on completion
198,000€
Property Purchase Expenses
Property price
220,000€
Transfer tax 8%
17,600€
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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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.