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New Build, seafront apartment development in Punta Prima, Torrevieja, with spectacular views over the sea and the beach. The residential development offers 2 and 3 bedroom apartments with 2 bathrooms. All apartments in the first phase are south facing and have good sized terraces and magnificent views over the Mediterranean Sea. The apartments have been designed for comfort and convenience, with excellent qualities and a layout that allows maximum enjoyment of the communal areas of the development. All units are delivered with an underground parking space and storeroom. Panorama Mar is a private gated community with closed circuit surveillance. The development stands out for its ample landscaped areas and complete installations, from which you will be able to enjoy the sun and the sea views; the communal areas boast 3 swimming pools, with one being an infinity pool and a hydro-massage pool. The children will be able to play their own paddling pool and playground. The development also has direct access to the promenade.
Property Features
- 3 bedrooms
- 2 bathrooms
- Swimming Pool
- open terrace
- Covered terrace
- Terrace
- garden
- Laundry
- outdoor shower
- doble glazing
- Security door
- construction year: 2021
- terrain type: Flat Plot
- Orientation: Sur
- fenced plot
- Parking
- Garage
- heating air conditioning
- Air Conditioning Hot and Cold
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
35,900€
Final Payment of 90% on completion
350,100€
Property Purchase Expenses
Property price
389,000€
Transfer tax 8%
31,120€
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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