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Ref: MM-37907
Property marketed by Sunland
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Renovated apartment just a few streets from Playa del Cura, with all services and transport nearby. Perfect for enjoying the coast and only 15 km from the area's top golf courses. Apartament 62 m2 built It features 1 bedroom, 1 bathroom, an open-plan kitchen, and a spacious living room, Hot and cold air conditioning, Optional parking. Ideal for living or investing in Torrevieja.
Property Features
- 1 bedroom
- 1 bathroom
- 62m² Build size
- Air Conditioning
- Furnished
- Home appliances
- Heating
- Blinds
- Distance to the sea
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,975€
Final Payment of 90% on completion
134,775€
Property Purchase Expenses
Property price
149,750€
Transfer tax 8%
11,980€
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.