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Ref: M273582
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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For Sale: Beachfront Apartment in TorreviejaLocation:Torrevieja, just 180 meters from the beach - a perfect spot for sun and sea lovers. Surrounded by numerous restaurants and bars, making it an excellent choice both for living or as a rental investment. Property Description:This ground-floor apartment offers everything you need for a comfortable lifestyle on the Costa Blanca. Spacious terrace - perfect for relaxing outdoors, with new terrace furniture.2 bedrooms with built-in wardrobes - both with double beds.Spacious living room with an open-plan kitchen - fully equipped with modern amenities:New 65-inch Google TVNew corner sofaNew granite countertop in the kitchenAir conditioning for year-round comfortBathroom with a modern walk-in shower - stylish and functional.Utility room - extra storage space.Modern amenities: New washing machine, refrigerator, and dehumidifier.New coffee machine, induction hob, oven, dishwasher, electric kettle, toaster, and full set of tableware.The Complex:A gated community with a communal pool for residents, perfect for relaxation and cooling off on hot days. Great Opportunity!The apartment is ready to move in, perfect for permanent living or as a holiday rental investment!
Property Features
- 2 bedrooms
- 1 bathroom
- Communal Pool
- Storage Room
- Terrace
- A/c
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
15,500€
Final Payment of 90% on completion
166,500€
Property Purchase Expenses
Property price
185,000€
Transfer tax 8%
14,800€
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.