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Ref: AG19MLSC7829705
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Cozy 60 m² apartment for sale on the 4th floor of a building with elevator and access for people with reduced mobility, located in the heart of Torrevieja. Includes: 18 m² living-dining room with open-plan kitchen 2 separate bedrooms Full bathroom Small entrance hall South-facing, very bright and dry, with hot/cold air conditioning in the living room. Sold furnished, with all appliances and household items included – ready to move in! The building has a communal rooftop pool, garage space, and storage room – all included in the price. Ideal as a permanent residence, holiday home, or investment.
Property Features
- 2 bedrooms
- 1 bathroom
- 75m² Build size
- Swimming Pool
- Near bus route
- Heating, Central
- Pool, Communal
- Elevator
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,200€
Final Payment of 90% on completion
127,800€
Property Purchase Expenses
Property price
142,000€
Transfer tax 8%
11,360€
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.