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FOR SALE Bright apartment just 200 meters from the beach and with views over the Mediterranean, located in Torreveja, in the Acequion area, surrounded by all kinds of services and shops. 400 meters from the central square. Apartment with 2 bedrooms, 1 bathroom, French kitchen, large terrace, living-dining room. Surface 70m2. Sold furnished and equipped. South facing. Third floor, building with elevator. Disabled access. Price €170,000 Ref-V163A For more information or visits, please contact us at +34 656 638 173 or by email: info@amestate.es
Property Features
- 2 bedrooms
- 1 bathroom
- 70m² Build size
- Air Conditioning
- Terrace
- Furnished
- Home appliances
- Lift
- Intercom
- Smoke outlet
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.