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Ref: AG19151125
Property marketed by Spain Property Shop S.L
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Lately renovated in a modern style apartment in Torrevieja, only 500 meters from Playa del Cura! The property consists of:a fully furnished bedroom with access to the interior patio,a fully equipped bathroom, finished in a unique style,a kitchen equipped with furniture and new household appliances,a living area, furnished and equipped with a TV and air conditioning,a covered terrace, lined with artificial grass.The apartment is located on the ground floor, in a well-kept building with access to a communal swimming pool. There are many shops, bars and restaurants nearby, and a short walk to the promenade and the beaches.
Property Features
- 1 bedroom
- 1 bathroom
- 45m² Build size
- Swimming Pool
- Veranda
- Aircondition, Split system
- Pool, Communal
- Elevator
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,500€
Final Payment of 90% on completion
121,500€
Property Purchase Expenses
Property price
135,000€
Transfer tax 8%
10,800€
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.