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Ref: AG19MLSC9409625
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Don't miss this unique opportunity to buy a cosy apartment in Torrevieja less than 150 metres from the sea! This bright apartment has: 2 spacious bedrooms Living room with access to the glazed balcony and views of the pool Kitchen equipped with appliances, including new washing machine Air conditioning installed for greater comfort Full bathroom Fully furnished and ready to move into Ideal location: Located in front of a beautiful park with children's area, in a quiet area. Just a 2 minute walk from the Dialprix supermarket and an excellent butcher. Surrounded by numerous bars, restaurants and cafes, including those located on the beachfront. Excellent communication: bus stops, pharmacies, greengrocers and schools very close. Additional advantage: The property has a tourist license for holiday rentals! Ideal for both permanent residence and profitable investment in an area in high demand by Europeans and tourists.
Property Features
- 2 bedrooms
- 1 bathroom
- 57m² Build size
- Swimming Pool
- Near bus route
- Heating, Central
- Pool, Communal
- Elevator
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,900€
Final Payment of 90% on completion
107,100€
Property Purchase Expenses
Property price
119,000€
Transfer tax 8%
9,520€
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.