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Ref: AG19MLSC6454067
Property marketed by Spain Property Shop S.L
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For sale this spacious apartment located in a good area of Torrevieja, close to the beaches of Acequión and Náufragos. The property consists of 3 bedrooms, 1 bathroom, 1 guest toilet, separate kitchen with gallery and large living-dining room with access to a spacious terrace that offers side views of the sea. The property includes a closed garage space included in the price. This property is in need of renovation, thus having great potential as an investment. Shall we schedule your visit? Contact us for more information
Property Features
- 3 bedrooms
- 1 bathroom
- 90m² Build size
- Sea view
- Near bus route
- Elevator
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,400€
Final Payment of 90% on completion
120,600€
Property Purchase Expenses
Property price
134,000€
Transfer tax 8%
10,720€
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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Spanish Property News & Updates by Spain Property Portal.com
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.