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Ground Floor Apartment in La Mata, Torrevieja
Fully renovated apartment of 60 m² with a south-facing orientation and a 13 m² terrace overlooking the communal pool. The property offers 1 bedroom and 1 bathroom, situated in a private residential complex with a pool and green areas.
It includes underground parking and is within walking distance of the beach, restaurants, shops, and supermarkets. A weekly street market is held in the area every Wednesday.
Key Features:
1 bedroom and 1 bathroom
Ground floor
Fully renovated
South-facing orientation
Terrace with views of the communal pool
Private residential complex with pool and green areas
Underground parking
Walking distance to the beach
Annual Expenses:
Community: €560
IBI: €72
Fully renovated apartment of 60 m² with a south-facing orientation and a 13 m² terrace overlooking the communal pool. The property offers 1 bedroom and 1 bathroom, situated in a private residential complex with a pool and green areas.
It includes underground parking and is within walking distance of the beach, restaurants, shops, and supermarkets. A weekly street market is held in the area every Wednesday.
Key Features:
1 bedroom and 1 bathroom
Ground floor
Fully renovated
South-facing orientation
Terrace with views of the communal pool
Private residential complex with pool and green areas
Underground parking
Walking distance to the beach
Annual Expenses:
Community: €560
IBI: €72
Property Features
- 1 bedroom
- 1 bathroom
- 60m² Build size
- Swimming Pool
- Parking
- Terrace
- Furnished
- Electrodomesticos
- Aire Acondicionado
- Pool
- Key Ready
- American Kitchen
- Parking type: Parking
- Pool type: Communal
- Exterior
- Excelente condición
- Jardín comunitario
- Terrace: 13.00 m2
- Reformado
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,000€
Final Payment of 90% on completion
153,000€
Property Purchase Expenses
Property price
170,000€
Transfer tax 8%
13,600€
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.