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Property marketed by Inmo Investments
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This apartment is located just 100 meters from Cabo Cervera beach. It offers 1 bedroom, 1 bathroom, and 38 m² of living space, along with a 5 m² enclosed terrace offering sea views. The southeast orientation provides natural light throughout the day. The apartment includes a spacious living-dining area and a fully equipped open kitchen and is ready for immediate occupancy.
The property is part of a community with a swimming pool, tennis court, and petanque courts, all situated near essential services such as shops, supermarkets, and restaurants. It is just 40 minutes from Alicante Airport.
Torrevieja is known for its mild Mediterranean climate, beautiful beaches, and attractions like the Natural Park of Las Lagunas de La Mata and the Sea and Salt Museum. This apartment offers a convenient and comfortable lifestyle with easy access to local amenities.
The property is part of a community with a swimming pool, tennis court, and petanque courts, all situated near essential services such as shops, supermarkets, and restaurants. It is just 40 minutes from Alicante Airport.
Torrevieja is known for its mild Mediterranean climate, beautiful beaches, and attractions like the Natural Park of Las Lagunas de La Mata and the Sea and Salt Museum. This apartment offers a convenient and comfortable lifestyle with easy access to local amenities.
Property Features
- 1 bedroom
- 1 bathroom
- 38m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,999€
Final Payment of 90% on completion
80,991€
Property Purchase Expenses
Property price
89,990€
Transfer tax 8%
7,199€
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.