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Ref: AG19MLSC4534325
Property marketed by Spain Property Shop S.L
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We presents at the Costa Blanca Alicante a House in Torrevieja close to the sea and a comunal swimming pool! With 3 bedrooms, 2 bathrooms and a american kitchen! Further a terrace,balcony and a solarium! Close to the bars and restaurants of the famous Playa los Locos! Walking distance to the center of Torrevieja, supermarket and the bus station!
Property Features
- 3 bedrooms
- 1 bathroom
- Swimming Pool
- Balcony
- Solarium
- Wireless internet
- Microwave
- Kitchen appliances
- Aircondition, Split system
- Pool, Communal
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,990€
Final Payment of 90% on completion
179,910€
Property Purchase Expenses
Property price
199,900€
Transfer tax 8%
15,992€
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.