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Ref: AG19MLSC7476754
Property marketed by Spain Property Shop S.L
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For sale luxury apartment in the center of Torrevieja on a second floor without elevator. This home consists of two bedrooms, a bathroom, a living-dining room with a balcony where you can see panoramic views of the Plaza de la Constitución and a kitchen with an island. It is completely renovated with excellent quality materials and also has underfloor heating and automatic blinds. Due to its excellent location, all services are nearby, cafes, promenade, port, supermarkets, shops... Do not hesitate to contact us to give you more information, we will be happy to assist you.
Property Features
- 2 bedrooms
- 1 bathroom
- 105m² Build size
- Near bus route
- Aircondition, Split system
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
23,900€
Final Payment of 90% on completion
242,100€
Property Purchase Expenses
Property price
269,000€
Transfer tax 8%
21,520€
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.