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Ref: M288300
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Renovated Apartment in the Heart of TorreviejaThis west-facing apartment features a modern design and has been fully renovated. It offers a spacious living-dining area, an open-plan kitchen, 2 bedrooms, 1 bathroom, and a terrace.The property includes underground parking and is conveniently located just 50 meters from shops, supermarkets, and the bus station, and only 400 meters from Playa del Cura, one of Torrevieja's most popular beaches.Key Features:2 bedrooms and 1 bathroomOpen-plan kitchenTerraceFully renovatedWest-facing orientationUnderground parkingJust 400 meters from the beachExpenses:IBI: €250/yearCommunity fees: €350/year
Property Features
- 2 bedrooms
- 1 bathroom
- 68m² Build size
- Parking
- Key ready
- American Kitchen
- Terrace
- aire acondicionado
- ascensor
- reformado
- Electrodomesticos
- exterior
- Parking type: Parking
- Excelente condición
- Zona comercial
- Terrace: 4.00 m2
- C
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,800€
Final Payment of 90% on completion
151,200€
Property Purchase Expenses
Property price
168,000€
Transfer tax 8%
13,440€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.