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Ref: AG19152349
Property marketed by Spain Property Shop S.L
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This charming apartment is located in the exclusive Cabo Cervera area of Torrevieja, offering side views of the sea that let you enjoy the coast in a relaxed setting. With a South-facing orientation, it benefits from sunlight all day, creating a warm and bright atmosphere. Fully renovated, the apartment is in excellent condition, decorated with exquisite taste, and ready to move in. It features two spacious, naturally-lit bedrooms and a modern, full bathroom. The open kitchen is both functional and elegant, perfect for enjoying Mediterranean cuisine in a cozy setting. It is fully equipped and furnished, so all you need to bring are your personal belongings. Every corner of this apartment has been carefully designed with high-quality finishes and furniture, creating a sophisticated yet welcoming atmosphere, ideal for living or as a second home. The advertisement may contain errors or be incomplete and may not be a binding offer.
Property Features
- 2 bedrooms
- 1 bathroom
- 51m² Build size
- Solarium
- Sea view
- Near bus route
- Aircondition, Split system
- Elevator
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
18,499€
Final Payment of 90% on completion
193,491€
Property Purchase Expenses
Property price
214,990€
Transfer tax 8%
17,199€
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.