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Dream Bungalow in Torrevieja Close to the sea and ready for you! Discover this cosy bungalow in Residencial El Paraíso, a unique opportunity for only 114.900 €. Located in Torrevieja, one of the most desirable areas of the Costa Blanca, this home offers 2 bedrooms, 1 bathroom, 57 m² of constructed area and a nice terrace of 5 m². In addition, you will be able to enjoy a communal swimming pool, ideal for sunny days. The bungalow is sold fully furnished and equipped with electrical appliances, ready to move into. Its spacious living-dining room, its french kitchen and its north orientation make it a comfortable and functional option. Unbeatable locationThis charming bungalow is surrounded by all essential services supermarkets, pharmacies, restaurants, bars and shopping centres such as the famous La Zenia Boulevard, only 15 minutes away by car. In addition, you will be less than 40 minutes from Alicante Airport, which makes it an excellent choice for both residence and holiday rental investment. Dream BeachesJust a 5 minute walk away you will find the Playa de los Náufragos, awarded with a Blue Flag for the quality of its waters and services. You can also enjoy other spectacular beaches such as La Mata, Playa del Cura and Cala Ferris. Torrevieja Climate and Quality of LifeLiving in Torrevieja is synonymous with wellbeing. Its Mediterranean climate offers more than 300 days of sunshine a year and mild temperatures even in winter. In addition, the Lagunas de Torrevieja and La Mata create a healthy environment thanks to their high level of salinity, ideal for physical well-being. Proximity to Orihuela Costa and Tourist AttractionsJust a few kilometres away you can explore the charms of Orihuela Costa, with its famous beaches of Campoamor, Cabo Roig and Playa Flamenca, all less than 15 minutes drive away. You can also enjoy outdoor activities such as golf at Villamartin Golf or Las Ramblas Golf.Don´t miss this opportunity to live in a privileged environment, contact us today and arrange your visit! IBI 165,83 €.COMMUNITY FEES 319,84 PER YEAR
Property Features
- 2 bedrooms
- 1 bathroom
- 57m² Build size
- Swimming Pool
- Communal Pool
- Terrace
- Key ready
- White Goods
- One level
- Walking Distance to Amenities
- Built-in Wardrobes
- Walking Distance to Bus Route
- Walking Distance to Beach
- Furnished
- Wheelchair Access
- Under 1km to beaches
- Close to the beach
- Investment
- Security grilles
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,490€
Final Payment of 90% on completion
103,410€
Property Purchase Expenses
Property price
114,900€
Transfer tax 8%
9,192€
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.