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Ref: AG19152188
Property marketed by Spain Property Shop S.L
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This charming 1-bedroom apartment with built-in wardrobes, located in the heart of Torrevieja, is perfect for those looking for comfort and proximity to all services. It has 1 full bathroom equipped with a shower and a functional open-plan kitchen that blends perfectly with the living-dining room, creating a warm and welcoming atmosphere. The apartment includes a closed balcony with glass windows, ideal for enjoying the space at any time of the year. The building has a communal solarium where you can relax in the sun, a large communal patio to enjoy outdoors, and access by elevator. An excellent opportunity to live or invest in one of the most central areas of Torrevieja.
Property Features
- 1 bedroom
- 1 bathroom
- 47m² Build size
- Solarium
- Veranda
- Near bus route
- Elevator
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,500€
Final Payment of 90% on completion
76,500€
Property Purchase Expenses
Property price
85,000€
Transfer tax 8%
6,800€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.