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Apartment in Torrevieja, Centro area, 78 m2, 3 double bedrooms, 2 bathrooms, property ready to move into, interior carpentry in aluminium, southeast facing, tiled floor, exterior carpentry in aluminiumExtras: disabled access, water, air conditioning, fitted wardrobes, lift, balcony, bright, light, furniture, terrace, buses, trees, central, shopping centres, schools, parks, supermarkets, pedestrian area, parking includedCommunity fees: 18 Eur
Property Features
- 3 bedrooms
- 2 bathrooms
- Air Conditioning
- Close to all Amenities
- Elevator
- Entrance Hall
- Fitted Kitchen
- Microwave
- Oven
- Shutters
- Terrace
- Washing Machine
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,190€
Final Payment of 90% on completion
118,710€
Property Purchase Expenses
Property price
131,900€
Transfer tax 8%
10,552€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.