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Ref: AG19MLSC2597938
Property marketed by Spain Property Shop S.L
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Today we bring you this apartment located in the area of El Molino, in Torrevieja, less than 800 meters from the sea. The property consists of 2 double bedrooms, 1 bathroom, fully fitted and equipped American kitchen and living-dining room with access to a west facing terrace Parking space The community has a swimming pool. Shall we schedule your visit? Contact us for more information.
Property Features
- 2 bedrooms
- 1 bathroom
- 56m² Build size
- Swimming Pool
- Near bus route
- Pool, Communal
- Elevator
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,700€
Final Payment of 90% on completion
87,300€
Property Purchase Expenses
Property price
97,000€
Transfer tax 8%
7,760€
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.