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Ref: CSPD-27920
Property marketed by Complete Spanish Property
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This impressive 3 Bedrooms 1 Bathroom Fully Reformed Apartment is located on Ramon Galud in the Centre of Torrevieja. Situated on the 2nd floor with (with lift access) this property has recently underwent a full reform including all wiring, plumbing, windows etc. Inside there is a spacious living room with balcony offering views over the town. With a large open plan kitchen area, a modern bathroom with underfloor heating and 3 evenly distributed bedrooms. The property is just a few seconds walk to the marina
Property Features
- 3 bedrooms
- 1 bathroom
- 90m² Build size
- 90m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,000€
Final Payment of 90% on completion
134,996€
Property Purchase Expenses
Property price
149,995€
Transfer tax 8%
12,000€
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.