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Property marketed by The Property Group
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For sale this beautiful, completely renovated apartment, ideal for enjoying the rest and tranquility that this area offers Due to its location and characteristics, it is perfect both to live all year round and to invest in tourist rentals The apartment has two large bedrooms and a modern bathroom, ideal for couples or families From the living room, you can enjoy spectacular views of the sea, which provide a unique feeling of relaxation The interior is designed with great care, taking care of every detail In addition, it has a private terrace where you can enjoy quiet moments, such as a morning coffee or an outdoor dinner It is located close to all services: shops, restaurants and the main tourist attractions of Torrevieja The beach and boardwalk are just steps away It also has a tourist license, which makes it a great opportunity if you are looking for extra income through rental The building has a community pool and parking for greater convenience The location, modern design and sea views make this apartment a unique opportunity
Property Features
- 2 bedrooms
- 1 bathroom
- 67m² Build size
- Entrance Hall
- Communal Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,550€
Final Payment of 90% on completion
139,950€
Property Purchase Expenses
Property price
155,500€
Transfer tax 8%
12,440€
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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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.