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Ref: AG19MLSC4486099
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This charming apartment, located in the peaceful area of Parque las Naciones in Torrevieja, offers comfort and functionality just 800 meters from the beach. With a 49 m² living area and a 12 m² terrace, the property features a double bedroom, a bathroom, and is move-in ready. Extras include air conditioning, built-in wardrobes, an elevator, a balcony, furniture, and access to a community pool and a solarium. Situated in an urbanization with children's areas, this apartment also boasts an excellent location near buses, parks, schools, medical centers, shopping malls, and supermarkets. This property is ideal for enjoying coastal life or as an investment. Don't miss this opportunity!
Property Features
- 1 bedroom
- 1 bathroom
- 49m² Build size
- Swimming Pool
- Solarium
- Near bus route
- Aircondition, Split system
- Pool, Communal
- Elevator
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,026€
Final Payment of 90% on completion
72,234€
Property Purchase Expenses
Property price
80,260€
Transfer tax 8%
6,421€
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.