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Ref: AG19MLSC1698363
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Beautiful luxury duplex penthouse located in Torrevieja, distributed over two floors of 90 square meters each. It consists of 3 double bedrooms, a full bathroom with shower and jacuzzi, and a separate kitchen. The second floor consists of a living room with an open kitchen of 50 m2, a toilet with shower, and a 25 m2 terrace with barbecue and laundry room.
Property Features
- 3 bedrooms
- 1 bathroom
- 205m² Build size
- Garden
- Solarium
- Near bus route
- Jacuzzi
- Barbeque
- Laundry room
- Heating, Central
- Elevator
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
36,000€
Final Payment of 90% on completion
351,000€
Property Purchase Expenses
Property price
390,000€
Transfer tax 8%
31,200€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.