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Ref: AG19MLSC8979034
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Renovated Detached House with Views of the Salt Lagoon in Los Balcones, TorreviejaThis charming 40 m² property has been fully renovated, offering comfort and tranquility in an unbeatable location. It features a living-dining area with an open-plan kitchen, 1 bedroom, and 1 bathroom. The home includes a 15 m² glazed terrace and a private 40 m² solarium with a jacuzzi, perfect for relaxing while enjoying stunning views of Torrevieja's salt lagoon. Its south-facing orientation ensures natural light throughout the day. Conveniently located near bars, restaurants, and shops.Key Features:1 bedroom and 1 bathroom.15 m² glazed terrace.Private 40 m² solarium with jacuzzi.South-facing orientation.Spectacular views of the salt lagoon.Close to amenities and services.Fixed Costs:IBI: €83/yearCommunity fees: €188/year
Property Features
- 1 bedroom
- 1 bathroom
- 40m² Build size
- Swimming Pool
- Veranda
- Jacuzzi
- Pool, Private
- Storage
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,900€
Final Payment of 90% on completion
107,100€
Property Purchase Expenses
Property price
119,000€
Transfer tax 8%
9,520€
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.