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Ref: M286239
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Torrevieja, Residencial Navamares, a residential complex on the beachfront, 6th floor apartment with panoramic sea views and south facing, 89 m2 home with 3 bedrooms, bathroom, toilet, independent kitchen with utility room and a large living room, has a 19 m2 glazed terrace, the home is sold furnished and the residential complex has a communal pool.
Property Features
- 3 bedrooms
- 1 bathroom
- 89m² Build size
- Beachside
- Communal Pool
- Elevator
- Terrace
- Appliances
- Kitchen Indep.
- Balcon
- Furniture
- Vistas Al mar
- washing room
- Illuminated
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
21,900€
Final Payment of 90% on completion
224,100€
Property Purchase Expenses
Property price
249,000€
Transfer tax 8%
19,920€
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.