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Ref: CSPN-20562
Property marketed by Complete Spanish Property
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NEW CONSTRUCTION RESIDENTIAL IN LOS BALCONES (TORREVIEJA) Fantastic new construction project of 67 apartments with 2 and 3 bedrooms, on the ground floor with garden, 1st floor with solarium, or duplex. The project is located in the popular residential area of Los Balcones just outside Torrevieja with easy access to all necessary services, close to several golf courses, the beach and the hospital. The apartments are sold with 1 parking space in the basement and a storage room; The common areas are equipped with a fabulous 200 m2 infinity pool with interior lighting, gardens with aromatic plants, a children's area and a Jacuzzi. Torrevieja is a city with a wide range of leisure and gastronomy, magnificent sandy beaches, a mild climate, just 42 km from Alicante airport and with life all year round.
Property Features
- 2 bedrooms
- 2 bathrooms
- 84m² Build size
- 36m² Plot size
- Swimming Pool
EPC Rating
Energy Rating Scale |
---|
A |
B |
C |
D |
E |
F |
G |
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
23,500€
Final Payment of 90% on completion
238,500€
Property Purchase Expenses
Property price
265,000€
Transfer tax 8%
21,200€
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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