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Ref: AG19MLSC3322250
Property marketed by Spain Property Shop S.L
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Discover this beautifully renovated 1-bedroom apartment in the sought-after of Torrevieja. Originally a 3-bedroom home, it has been transformed into a spacious and modern living space, perfect for those who appreciate comfort and breathtaking views.The highlight of this apartment is its wraparound balcony, offering uninterrupted views of the Mediterranean Sea and the famous pink salt lakes of Torrevieja. Whether you're enjoying your morning coffee or an evening sunset, the scenery is simply spectacular.Residents have access to a large communal pool, ideal for cooling off on warm Spanish days. The apartment is just a 500-meter walk from the stunning Playa de los Náufragos, known for its golden sands and crystal-clear waters.Located in a prime position, you're just a 5-minute drive from the vibrant town of Torrevieja, filled with restaurants, bars, and entertainment. For those who love to explore on foot, Punta Prima is only a 10-minute walk away, offering more beaches, shopping, and dining options.This is a rare opportunity to own a unique and stylish home in one of the most desirable locations in Torrevieja. Whether as a holiday retreat or a permanent residence, this apartment offers the perfect blend of relaxation, convenience, and Mediterranean charm.
Property Features
- 1 bedroom
- 1 bathroom
- 90m² Build size
- Sea view
- Aircondition, Split system
- Parking, Uncovered
- Elevator
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,500€
Final Payment of 90% on completion
139,500€
Property Purchase Expenses
Property price
155,000€
Transfer tax 8%
12,400€
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.