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Beautiful and Sunny Apartment in Torreblanca, TorreviejaProperty with a spacious terrace and sea views in a private residential complex.The 70m² apartment features a spacious living-dining room, kitchen, 2 bedrooms, and 2 bathrooms. It also includes a large terrace.A private parking space is included.The residential complex offers large green areas and a communal pool. Conveniently located near a supermarket, bars, and restaurants.Key Features:2 bedrooms, 2 bathroomsSpacious terraceEast-facingBuilt in 2010Tourist licenseParking spaceCommunal poolAnnual Expenses:IBI: €125Community fees: €440
Property Features
- 2 bedrooms
- 2 bathrooms
- Swimming Pool
- Furnished
- Parking
- Key Ready
- jardín comunitario
- Electrodomesticos
- American kitchen
- Terrace
- Views: Sea
- Pool type: Communal
- Pool
- Parking type: Parking
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,200€
Final Payment of 90% on completion
154,800€
Property Purchase Expenses
Property price
172,000€
Transfer tax 8%
13,760€
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.