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Ref: M281210
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Cozy 1-bedroom apartment with garage in the center of Torrevieja This charming apartment, located on Calle Moriones, is perfect for those looking for a comfortable and well-utilized space in a prime location. With 1 bedroom and in good condition, the apartment has been semi-renovated and has an east-facing orientation, ensuring plenty of natural light throughout the day. Despite its compact size, every meter is cleverly used to offer a functional and welcoming home. Additionally, it includes a parking space, adding great value in this central area of Torrevieja. The location is excellent, just a short distance from Mercadona and only a few minutes' walk from the sea and the promenade. Moreover, it is surrounded by all kinds of services such as supermarkets, shops, restaurants, and public transportation, making it an ideal choice both for year-round living and for enjoying a relaxing holiday close to the coast. If you are looking for a property with excellent value for money in one of the best areas of Torrevieja, this is the place for you!
Property Features
- 1 bedroom
- 1 bathroom
- 39m² Build size
- Near bus route
- Near Schools
- Solarium: Yes
- Near Childrens Parks
- Elevator/Lift
- Air Conditioning: Yes
- Terrace: 4 Msq.
- Double Bedrooms: 1
- Has Main Electric
- Beach: 750 Meters
- Useable Build Space: 39 Msq.
- F
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,826€
Final Payment of 90% on completion
88,434€
Property Purchase Expenses
Property price
98,260€
Transfer tax 8%
7,861€
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.