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Ref: AG19151069
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Discover this charming apartment in the Playa de los Locos area, Torrevieja. With a total area of ââ55 m² and a cozy 4 m² balcony, you will have the perfect balance between comfort and style just 700 meters from the sea. This apartment has two large double bedrooms ideal for your rest, as well as a full bathroom that guarantees functionality and comfort. The fully equipped kitchen will allow you to enjoy your culinary moments to the fullest. The property is in very good condition; its white lacquered interior carpentry perfectly complements the stoneware floor that gives warmth to all its bright spaces thanks to its northwest orientation. Additional amenities include air conditioning for those warm days, built-in wardrobes providing efficient storage and natural lighting everywhere. In addition, you can forget about daily stress as it includes a private parking space. A great added value! The location is simply unbeatable: next to the new Mercadona and opposite a local school. Everything you need is close by: green parks perfect for walking or exercising, and supermarkets where you can do your daily shopping are part of the everyday charm present here.
Property Features
- 2 bedrooms
- 1 bathroom
- 50m² Build size
- 55m² Plot size
- Ceiling fans
- Shutters
- Washer
- Aircondition, Split system
- Parking, Garage
- Elevator
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,250€
Final Payment of 90% on completion
92,250€
Property Purchase Expenses
Property price
102,500€
Transfer tax 8%
8,200€
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.