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Ref: AG19152092
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Lovely ground floor bungalow for sale in the Residencial Margaritas, located in the Aguas Nuevas area, one of the most sought-after neighborhoods in Torrevieja. The property features 2 bedrooms, 1 full bathroom, and a spacious south-facing front patio, perfect for enjoying the sun all day long. The residential complex includes a community pool, ideal for cooling off during the hot summer days. The bungalow is sold fully equipped and ready to move in. Excellent location, close to services, shops, and a short distance from the beaches. Don’t miss this opportunity to live in a prime setting! Contact us for more details or to arrange a viewing.
Property Features
- 2 bedrooms
- 1 bathroom
- 50m² Build size
- Swimming Pool
- Golf course
- Garden
- Near bus route
- Pool, Communal
- Gated complex
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,726€
Final Payment of 90% on completion
114,534€
Property Purchase Expenses
Property price
127,260€
Transfer tax 8%
10,181€
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.