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Ref: AG19147346
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Unique opportunity in Torrevieja! This bright and spacious apartment of 118 m² built and 100 m² usable is perfectly located between the streets María Parodi and Rambla Juan Mateo, a few meters from the new port. With three large bedrooms, a bathroom and a living room accessible at the end of the corridor, this apartment is ideal both for living and for investing in tourist rentals, offering the possibility of obtaining great returns and high profitability. The kitchen has access to a gallery and a storage room with a washing machine, providing comfort and functionality. In addition, you can enjoy moments outdoors on its terrace and balcony. Located on the 3rd floor of a building without an elevator, the property is in good condition despite being second-hand (year of construction: 1970) and has air conditioning for your comfort. Don't miss the opportunity to acquire this magnificent apartment in one of the most sought-after areas of Torrevieja. Contact us for more information and to arrange a visit!
Property Features
- 3 bedrooms
- 1 bathroom
- 118m² Build size
- Aircondition, Split system
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,800€
Final Payment of 90% on completion
106,200€
Property Purchase Expenses
Property price
118,000€
Transfer tax 8%
9,440€
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.