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Ref: ADE7940P
Property marketed by España Dream Properties

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Was 299,000€ now reduced to 280,000€ !! Inviting top-floor apartment with 2 bedrooms and 2 bathrooms, situated in a private and secure community with two summer swimming pools, heated pool, gym and lush gardens with natural grass in Torrevieja. It also has an allocated underground parking space, is very close to the beach and near the hospital. Enjoy the spacious balcony with views of the pool, a sunny solarium with pergola and shower and the tourist licence for renting is included in the sale. Sold unfurnished.IBI 215€ per year.Community fees 85€/month.
Property Features
- 2 bedrooms
- 2 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
25,000€
Final Payment of 90% on completion
252,000€
Property Purchase Expenses
Property price
280,000€
Transfer tax 8%
22,400€
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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Spanish Property News & Updates by Spain Property Portal.com
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.