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Property marketed by Inmo Investments
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Spacious 3-bedroom apartment in the heart of Torrevieja, just 700 meters from the beach and close to all amenities. Situated on the third floor with lift access, the property features a bright lounge-dining area, a separate kitchen, a balcony, 3 double bedrooms with fitted wardrobes, and 2 bathrooms. Sold furnished, it includes new air-conditioning units in the lounge and bedrooms. Conveniently located near a new Mercadona supermarket, shops, bars, and restaurants, this apartment offers central living within walking distance of everything you need, including the seafront promenade and beaches.
Property Features
- 3 bedrooms
- 2 bathrooms
- 97m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,950€
Final Payment of 90% on completion
125,550€
Property Purchase Expenses
Property price
139,500€
Transfer tax 8%
11,160€
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.