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Ref: AG19144794
Property marketed by Spain Property Shop S.L
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Sale of garage space located in the La Mata area, Torrevieja, on Switzerland street, in the Viña Mar III urbanization. With a total area of 36 square meters and just 500 meters walking distance from the beach, this property is perfect for those looking for a safe place to park their vehicle near the sea. This location also offers close access to services such as buses, shopping centers, medical centers, schools, golf courses and supermarkets. Monthly community expenses are low (48 Eur.), which makes it a convenient investment for both local residents and frequent visitors. Ibi €29 Annual
Property Features
- 0 bedrooms
- 0 bathrooms
- 14m² Build size
- Golf course
- Near bus route
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
7,500€
Property Purchase Expenses
Property price
10,500€
Transfer tax 8%
840€
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.