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Ref: W-02X6DH
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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In Las Atalayas, a five-minute walk from Los Locos beach in Torrevieja, 79 m2, with 2 bedrooms and 2 bathrooms, one of them en suite. With a large living room and American kitchen, fully furnished and equipped with appliances, with access to the terrace. The house is located on the fourth floor of a 14-story building, in a gated community, with 24-hour security, a private garden and pool, built in 2004. The apartment is sold furnished. It is very well maintained, built with quality materials. It is located 200 m from Los Locos beach and a walk with cafes and restaurants and just a step away from the supermarket and is surrounded by all the necessary services.
Property Features
- 2 bedrooms
- 2 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,000€
Final Payment of 90% on completion
198,000€
Property Purchase Expenses
Property price
220,000€
Transfer tax 8%
17,600€
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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