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Ref: TAR-53767
Property marketed by OLIVIA REAL ESTATE
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This is a great opportunity to maximise your investment by purchasing this modernised ground floor apartment in the area of Los Altos, Torrevieja.
The apartment has a tourist license and ready to be rented out. The current owners have completely renovated the property to very a high standard.
The property can be accessed from the main street. A secured high entrance gate opens up into a decked area with a table and chairs for outdoor " al fresco" dining.
There is a door into a large storage room and there is a a large, separate underbuild store area.
Steps go up onto the covered terrace with another dining table and chairs. The main entrance from this terrace opens up into the lounge and open fully equipped kitchen. From the kitchen there is a door opening into an outdoor covered patio area.
The main bedroom and bathroom are off the lounge to the back of the property. There is a large shelved alcove providing convenient storage next to bathroom.
The property has recently been fully renovated to a high standard and is currently already being rented out to tourists.
There is a beautiful communal pool and communal gardens a few minutes walk inside the community area.
Within walking distance there are bars, restaurants and supermarkets
The beach is only 3km away. There is a bus stop near the property and the bus goes into Torrevieja regularly.
THIS IS AN IDEAL INVESTMENT OPPORTUNITY TO PROVIDE IMMEDIATE RETURN ON INVESTMENT
CONTACT US TODAY TO REGISTER YOUR INTEREST OR MAKE AN OFFER.
The apartment has a tourist license and ready to be rented out. The current owners have completely renovated the property to very a high standard.
The property can be accessed from the main street. A secured high entrance gate opens up into a decked area with a table and chairs for outdoor " al fresco" dining.
There is a door into a large storage room and there is a a large, separate underbuild store area.
Steps go up onto the covered terrace with another dining table and chairs. The main entrance from this terrace opens up into the lounge and open fully equipped kitchen. From the kitchen there is a door opening into an outdoor covered patio area.
The main bedroom and bathroom are off the lounge to the back of the property. There is a large shelved alcove providing convenient storage next to bathroom.
The property has recently been fully renovated to a high standard and is currently already being rented out to tourists.
There is a beautiful communal pool and communal gardens a few minutes walk inside the community area.
Within walking distance there are bars, restaurants and supermarkets
The beach is only 3km away. There is a bus stop near the property and the bus goes into Torrevieja regularly.
THIS IS AN IDEAL INVESTMENT OPPORTUNITY TO PROVIDE IMMEDIATE RETURN ON INVESTMENT
CONTACT US TODAY TO REGISTER YOUR INTEREST OR MAKE AN OFFER.
Property Features
- 1 bedroom
- 1 bathroom
- 45m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,500€
Final Payment of 90% on completion
112,496€
Property Purchase Expenses
Property price
124,995€
Transfer tax 8%
10,000€
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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