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Ref: AG19152265
Property marketed by Spain Property Shop S.L
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We present you a spacious, bright apartment with sea views located on the beach of Los Náufragos in Torrevieja and with a communal pool. The property consists of 3 bedrooms, 2 bathrooms, separate kitchen with utility room, living-dining room and balcony. It is sold furnished and equipped. Don't miss this opportunity.
Property Features
- 3 bedrooms
- 2 bathrooms
- 110m² Build size
- Swimming Pool
- Sea view
- Near bus route
- Pool, Communal
- Elevator
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,000€
Final Payment of 90% on completion
171,000€
Property Purchase Expenses
Property price
190,000€
Transfer tax 8%
15,200€
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.