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Property marketed by In Sun Properties Spain S.L
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NEW BUILD APARTMENTS IN TORREVIEJA NEAR THE BEACH
New Build development of 8 luxury apartments and penthouses in Torrevieja located just 150 meters from the beach.
Modern properties have 3 bedrooms, 3 bathrooms, open plan kitchen with the lounge area, heated bathrooms floors, spacious terraces, fully equipped wardrobes and kitchen.
Penthouses with private solariums.
Community pool and finish sauna, rooftop solarium with barbecue.
An options underground parking space at an extra cost.
Completion date end of 2025
Torrevieja is a Spanish town in the province of Alicante, on the Costa Blanca.
It is known for its typically Mediterranean climate and coastline. It has boardwalks with resorts along its sandy beaches.
The small Museum of the Sea and Salt houses exhibitions on the fishing and salt history of the city.
In the interior, the Lagunas de La Mata-Torrevieja Natural Park has trails and two salty lagoons, one pink and the other green.
Alicante airport located 40 minutes away and Murcia airport about 1 hour away.
Property Features
- 3 bedrooms
- 2 bathrooms
- 141m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
30,500€
Final Payment of 90% on completion
301,500€
Property Purchase Expenses
Property price
335,000€
Transfer tax 8%
26,800€
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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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.