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Investment! 3 bed Apartment with Terrace in the Center of Torrevieja.
3 bedrooms
1 bathroom
Terrace
80m2
Needs renovation
1st floor
Apartment in the center of Torrevieja. The property has 3 bedrooms and 1 bathroom in need of renovation. The property is close to all amenities and a supermarket.
Call us +34 633 506 179
3 bedrooms
1 bathroom
Terrace
80m2
Needs renovation
1st floor
Apartment in the center of Torrevieja. The property has 3 bedrooms and 1 bathroom in need of renovation. The property is close to all amenities and a supermarket.
Call us +34 633 506 179
Property Features
- 3 bedrooms
- 1 bathroom
- 80m² Build size
- renovation needed
- spacious accommodation
- central
- near transport
- near beach
- close to the sea
- close to shops
- close to golf
- terrace
- close to medical facilities
- close to restaurants
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,800€
Final Payment of 90% on completion
70,200€
Property Purchase Expenses
Property price
78,000€
Transfer tax 8%
6,240€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.