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3 bedroom apartments with 2 bathrooms.A Mediterranean residential complex located in the Punta Prima area of Torrevieja.All houses are built with quality materials and have different views of the large pool, garden and sea.Each property has a secure underground parking space and storage room.Located next to the beach of Punta Prima, it is one of the most exclusive urbanizations on the Costa Blanca.
Property Features
- 3 bedrooms
- 2 bathrooms
- 86m² Build size
- Swimming Pool
- Pool
- newly built
- near beach
- open plan kitchen
- garden
- terrace
- parking
- underground parking
- Communal Pool
- Gated Community
- air conditioning
- Costa Blanca
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,500€
Final Payment of 90% on completion
202,500€
Property Purchase Expenses
Property price
225,000€
Transfer tax 8%
18,000€
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.