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Ref: 11873
Property marketed by Inmo Investments
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Ground floor apartment in the Acequion area of Torrevieja, fully renovated and ready to move in. The property offers 65 m² of living space, featuring 3 bedrooms, 1 bathroom, an open-plan kitchen, and a spacious living room. It includes a terrace, air conditioning, and access to a communal pool. Sold furnished and equipped, just 300 meters from the beach.
Property Features
- 3 bedrooms
- 1 bathroom
- 69m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,300€
Final Payment of 90% on completion
155,700€
Property Purchase Expenses
Property price
173,000€
Transfer tax 8%
13,840€
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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