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Ref: M286051
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Property information
A 50 m² house in Torrevieja with an excellent opportunity for those who want to complete the construction to their taste. The house already has electricity and water, and the necessary building materials are sold with it. The layout includes 2 bedrooms and 1 bathroom. The complex also has a communal pool where you can relax and cool off on hot summer days. The location of the house is very convenient. Within a radius of 1.5-2 km there are supermarkets and restaurants, which makes it easy to organize daily shopping and enjoy the variety of local cuisine. The house is close to the city center, which provides quick access to the main infrastructure and entertainment. The beach is also located only 1.5-2 km from the house, which makes it an ideal option for lovers of sea holidays. Enjoy the comfort of life in Torrevieja, surrounded by all the necessary amenities and the beauty of the Spanish coast.
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Property information
A 50 m² house in Torrevieja with an excellent opportunity for those who want to complete the construction to their taste. The house already has electricity and water, and the necessary building materials are sold with it. The layout includes 2 bedrooms and 1 bathroom. The complex also has a communal pool where you can relax and cool off on hot summer days. The location of the house is very convenient. Within a radius of 1.5-2 km there are supermarkets and restaurants, which makes it easy to organize daily shopping and enjoy the variety of local cuisine. The house is close to the city center, which provides quick access to the main infrastructure and entertainment. The beach is also located only 1.5-2 km from the house, which makes it an ideal option for lovers of sea holidays. Enjoy the comfort of life in Torrevieja, surrounded by all the necessary amenities and the beauty of the Spanish coast.
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Property Features
- 2 bedrooms
- 1 bathroom
- 50m² Build size
- 174m² Plot size
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,000€
Final Payment of 90% on completion
99,000€
Property Purchase Expenses
Property price
110,000€
Transfer tax 8%
8,800€
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.