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Ref: W-02VVC5
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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Spectacular apartment, recently renovated in the center of Torrevieja, 92m2, with 3 bedrooms and 1 bathroom. With an American kitchen, equipped and furnished in detail and a spacious living room with access to the balcony. It has an interior gallery. The house is located on the first floor of a 5-story building. The apartment is sold furnished and ready to move into. The living room receives a lot of natural light thanks to its orientation and the distance from nearby buildings. It is located a few minutes walk from the Town Hall, Church, very close to Acequión beach and the port of Torrevieja. It is surrounded by all the necessary services.
Property Features
- 3 bedrooms
- 1 bathroom
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
15,500€
Final Payment of 90% on completion
166,500€
Property Purchase Expenses
Property price
185,000€
Transfer tax 8%
14,800€
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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