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Ref: AG19MLSC7543709
Property marketed by Spain Property Shop S.L

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I present this wonderful apartment in the center of Torrevieja. It is located just 15 minutes from the beach. The property offers a constructed area of 61.71 m², distributed on the ground floor. It has a bright living room and a separate kitchen furnished and equipped with dishwashers and appliances. It has 2 bedrooms, 1 bathroom, and a small west-facing terrace. The apartment is in good condition and fully furnished. The home is located in a residential area, in a strategic location with all services within easy reach: supermarkets, schools, shops, banks, and restaurants. Everything you need is just a step away. Don't wait any longer and come visit it!
Property Features
- 2 bedrooms
- 1 bathroom
- 68m² Build size
- Near bus route
- Elevator
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,500€
Final Payment of 90% on completion
103,500€
Property Purchase Expenses
Property price
115,000€
Transfer tax 8%
9,200€
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.