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Ref: JAD-97440
Property marketed by OLIVIA REAL ESTATE
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Central apartment for sale in Torrevieja. consists of 82 m2 distributed in 3 bedrooms, 2 full bathrooms, separate kitchen, large living room with access to the south-facing terrace. Close to all services in the area, schools 300m away, bus stops, health center 300m away, parks, walking areas and children's areas. Distance to the beach 700m
Property Features
- 3 bedrooms
- 2 bathrooms
- 82m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,900€
Final Payment of 90% on completion
134,100€
Property Purchase Expenses
Property price
149,000€
Transfer tax 8%
11,920€
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.