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Brand new apartment, just finished, a few minutes from the Natural Pools and Playa del Cura, Paseo Marítimo de TorreviejaApartment with 88 m², 2 bedrooms, 2 full bathrooms, French-style kitchen open to the living room, terrace and balconyAir conditioning, individual heating, building with elevatorSOUTH and WEST FACINGSold UNFURNISHED, WITHOUT appliancesCommunal area with swimming pool, shower and solarium with open views to the seaEverything you could wish for to enjoy the benefits of a popular tourist cityGood layout, sunny, all exterior windows facing the street, balcony with side sea view, terrace to supervise the carnivals and panoramic view of the cityUnderground public parking one block awayEnergy certificate• Consumption: 25 kWh/m² year• Emissions: 4 kg CO2/m² yearYEAR OF CONSTRUCTION 2024COMMUNITY 600€ YEAR
Property Features
- 2 bedrooms
- 2 bathrooms
- 88m² Build size
- Laundry Room
- Communal Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
30,500€
Final Payment of 90% on completion
301,500€
Property Purchase Expenses
Property price
335,000€
Transfer tax 8%
26,800€
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.