2 bedroom Apartment for sale

2 bedroom Apartment for sale

Torrevieja, Alicante
159,000
 
1 / 0

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Apartment Divided into Two Units on the Second Line with a Tourist License For sale: a unique apartment of 120 m² located on the second floor of a three-story building without an elevator, built in 1978. The property has been completely renovated, including the replacement of all utilities, and divided into two independent one-bedroom apartments. Each unit includes a bedroom, a spacious living room, and an open-plan kitchen. One of the apartments also features a balcony. The apartment is equipped with four air conditioners (one in each bedroom and living room), ensuring comfort year-round. The building is situated on the second line from Playa Del Cura beach and close to the city center. Nearby, you will find popular restaurants, including Burger King, a 24-hour store, pharmacies, banks, and other essential services. The building has no *comunidad* fees, eliminating additional monthly expenses. Additionally, the property has a tourist license, making it an excellent investment opportunity. The apartments are already successfully rented out through Booking, with year-round occupancy and stable income. An ideal choice for investors looking for ready-to-rent property in a prime location.

Property Features

  • 2 bedrooms
  • 2 bathrooms
  • 120m² Build size
  • Double Bedrooms: 2
  • Elevator/Lift
  • Air Conditioning: Yes
  • Useable Build Space: 115 Msq.
  • Beach: 650 Meters
  • X

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,900€
Final Payment of 90% on completion
143,100€
 
Property Purchase Expenses
Property price
159,000€
Transfer tax 8%
12,720€
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.

Mortgage Calculator

Mortgage Amount:
159,000€
Deposit:
Interest Rate:
%
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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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