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Ref: AG19151311
Property marketed by Spain Property Shop S.L
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We present this comfortable apartment in the nerve centre of Torrevieja. The property consists of 2 bedrooms, 1 full bathroom, a fully equipped independent kitchen and a glazed terrace. The location of this apartment is privileged as it is 700 metres from Playa del Cura and 100 metres from the Torrevieja bus station that connects Torrevieja with some of the main cities in Spain and also with Alicante airport. And best of all, the price includes a closed parking space with space to store your belongings. So you do not have to worry about looking for a parking space in this busy area. If you want to see this property, do not hesitate to contact us to schedule a visit.
Property Features
- 2 bedrooms
- 1 bathroom
- 61m² Build size
- Near bus route
- Aircondition, Split system
- Elevator
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,726€
Final Payment of 90% on completion
96,534€
Property Purchase Expenses
Property price
107,260€
Transfer tax 8%
8,581€
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.