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Ref: AG19MLSC8908401
Property marketed by Spain Property Shop S.L
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Charming upper level bungalow in Parque de las Naciones, Torrevieja! Are you looking for a cozy home in the heart of Torrevieja? This fine residence offers everything you need to enjoy the Spanish lifestyle: 2 spacious bedrooms - Perfect for family or guests. 1 bathroom – Practical and fresh with bathtub. Balcony by the entrance – A lovely place for morning coffee or to relax with a book. Private roof terrace - Enjoy sunny days, barbecue with friends or just admire the view. There is a room on the roof top that van be used as storage or even bedroom during the summer. Common area – Nice green area with pool and tennis court, perfect for relaxation and activities. Location: The property is located in the popular area of Parque de las Naciones, close to shops, restaurants and a short walk to the center of Torrevieja and the beach. An excellent opportunity for both permanent residence and holiday home. Don't miss out on this gem - contact us today for more information or a viewing! Legal costs and VAT are not included in the price.
Property Features
- 2 bedrooms
- 1 bathroom
- 50m² Build size
- Swimming Pool
- Near bus route
- Heating, Central
- Pool, Communal
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,200€
Final Payment of 90% on completion
109,800€
Property Purchase Expenses
Property price
122,000€
Transfer tax 8%
9,760€
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%.
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.