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Ref: W-02VRD6
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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New promotion of new construction independent villas in Torreta Florida in Torrevieja. These are a total of 7 new construction chalets with three double bedrooms with built-in wardrobes and two or three bathrooms depending on the model. Constructed areas of approximately 110 m2 and on plots of approx. 115-155 m2, with private pools (ca. 12 m2) and optional finished solarium. The homes are distributed in a living-dining room with an equipped American kitchen, a bedroom and a bathroom on the ground floor, and two bedrooms and one or two bathrooms on the upper floor, with a balcony of approx. 10 m2 and access (depending on options) to a solarium of approx. 40 m2. High-quality porcelain stoneware floors, PVC metal carpentry, automated blinds in main rooms, pre-installation of ducted air conditioning, built-in wardrobes and finishes, etc.
Property Features
- 3 bedrooms
- 2 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
33,900€
Final Payment of 90% on completion
332,100€
Property Purchase Expenses
Property price
369,000€
Transfer tax 8%
29,520€
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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