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Ref: W-02SU4I
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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This well-kept apartment is located next to the Cabo Cervera beach and is just a few steps from one of the most beautiful beaches in the city, La Mata beach. The approximately 48 square meter apartment is on the fifth floor and consists of a comfortably furnished living room, a kitchenette, a bedroom and a bathroom. Several bars, restaurants, cafeterias, supermarkets and shops are located in the mediations and a radius of 50 to 150 meters. Parking is available directly within the urbanization. It has a bus stop in the mediations of the apartment (about 50 meters) and offers access to public transport. A perfect option to invest in a vacation apartment
Property Features
- 1 bedroom
- 1 bathroom
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,450€
Final Payment of 90% on completion
76,050€
Property Purchase Expenses
Property price
84,500€
Transfer tax 8%
6,760€
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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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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