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Ref: 11245
Property marketed by Inmo Investments
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Apartment in first line in Torrevieja for sale. The property offers a surface area of 90 m² and a 9 m² terrace. The property is in good condition and comprise 2 bedrooms, 1 bathroom, an equipped kitchen and a spacious living and dining area. Additional features include built-in wardrobes, a lift, furnishings, and a terrace. The location offers sea and clear views, and is close to buses, medical centers, the coast, supermarkets, and is on the front line. Contact us for further information!
Property Features
- 2 bedrooms
- 1 bathroom
- 90m² Build size
- Balcony
- Walking Distance to Amenities
- Walking Distance to Beach
- Sea Views
- Under 1km to beaches
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,990€
Final Payment of 90% on completion
179,910€
Property Purchase Expenses
Property price
199,900€
Transfer tax 8%
15,992€
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.