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Ref: AG19152327
Property marketed by Spain Property Shop S.L
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This charming ground-floor bungalow is in the sought-after area of El Limonar, Torrevieja. A corner unit, it offers a bright and spacious living environment with two bedrooms and one bathroom, ideal for comfortable year-round living or as a holiday retreat. The property comes fully furnished and includes air conditioning for added comfort. The highlight of this bungalow is its expansive outdoor space, featuring a large patio and tiled area perfect for outdoor dining or relaxation. The property also benefits from a rear patio with storage space, providing practical convenience. Set within a well-maintained community, residents have access to a refreshing communal pool and beautifully landscaped green areas. Situated close to local amenities, this bungalow is in excellent condition and ready to move in. Whether you are looking for a permanent home or a vacation getaway, this property offers both comfort and convenience in a tranquil environment.
Property Features
- 2 bedrooms
- 1 bathroom
- 42m² Build size
- Swimming Pool
- Golf course
- Garden
- Sea view
- Near bus route
- Aircondition, Split system
- Pool, Communal
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,495€
Final Payment of 90% on completion
94,455€
Property Purchase Expenses
Property price
104,950€
Transfer tax 8%
8,396€
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.