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Ref: M280894
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Bargain! Just arrived and big PRICE REDUCTION! Apartment only 100 meters from Playa de los Locos! The property includes 2 bedrooms, 1 bathroom, semi-open kitchen, living room, rear patio, and a very bright front terrace. Additionally, the price includes a closed garage space, which will save you any parking issues in the area. The location is unbeatable, allowing you to enjoy both the beach and the entertainment and leisure of Torrevieja’s center. Contact us and come visit!
Property Features
- 2 bedrooms
- 1 bathroom
- 62m² Build size
- Near bus route
- Number of Parking Spaces: 1
- Near Schools
- Location: Coastal, Urbanisation
- Near Childrens Parks
- Useable Build Space: 55 Msq.
- Elevator/Lift
- Air Conditioning: Yes
- Terrace: 7 Msq.
- Has Main Electric
- Beach: 100 Meters
- Single Bedrooms: 1, Double Bedrooms: 1
- X
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,850€
Final Payment of 90% on completion
106,650€
Property Purchase Expenses
Property price
118,500€
Transfer tax 8%
9,480€
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.