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Ref: M286172
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Charming upper level bungalow in Parque de las Naciones, Torrevieja! Are you looking for a cozy home in the heart of Torrevieja? This fine residence offers everything you need to enjoy the Spanish lifestyle: 2 spacious bedrooms - Perfect for family or guests. 1 bathroom - Practical and fresh with bathtub. Balcony by the entrance - A lovely place for morning coffee or to relax with a book. Private roof terrace - Enjoy sunny days, barbecue with friends or just admire the view. There is a room on the roof top that van be used as storage or even bedroom during the summer. Common area - Nice green area with pool and tennis court, perfect for relaxation and activities. Location: The property is located in the popular area of Parque de las Naciones, close to shops, restaurants and a short walk to the center of Torrevieja and the beach. An excellent opportunity for both permanent residence and holiday home. Don't miss out on this gem - contact us today for more information or a viewing! Legal costs and VAT are not included in the price.
Property Features
- 2 bedrooms
- 1 bathroom
- 50m² Build size
- Swimming Pool
- Communal Pool
- Near bus route
- Near Schools
- Near Commercial Center
- Double Bedrooms: 2
- Location: Coastal, Urbanisation
- Near Childrens Parks
- Heating: Yes, Air Conditioning: Yes
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,200€
Final Payment of 90% on completion
109,800€
Property Purchase Expenses
Property price
122,000€
Transfer tax 8%
9,760€
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.