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Ref: M292635
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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For sale this penthouse located in a good area of Torrevieja, in the sector 25 area. The property consists of 2 double bedrooms, a fully furnished independent kitchen, 1 bathroom, a large living-dining room and a large east-facing terrace, where you can enjoy the fantastic climate that Torrevieja offers us all year round. The property is presented in perfect condition. Sector 25 of Torrevieja, also known as “Aquatic Park - Sector 25”, is a residential area located near the city's water park. This area has experienced urban development in recent decades, offering various housing options for residents and visitors. Shall we schedule your visit?
Property Features
- 2 bedrooms
- 1 bathroom
- 65m² Build size
- Near bus route
- Near Schools
- Near Commercial Center
- Location: Coastal
- Double Bedrooms: 2
- Near Childrens Parks
- Elevator/Lift
- Beach: 1000 Meters
- Has Main Electric
- X
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,800€
Final Payment of 90% on completion
142,200€
Property Purchase Expenses
Property price
158,000€
Transfer tax 8%
12,640€
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.