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Ref: MM-79036
Property marketed by Sunland
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In the charming development of Lago Jardín in Los Balcones, this cozy one-bedroom apartment is ideally located for either a vacation retreat or an investment opportunity. The property is in excellent condition, featuring a recently renovated bathroom and is sold fully furnished. Its privileged location allows you to enjoy stunning views of the attractive community and extensive orange groves, creating a serene and inviting atmosphere. The development is known for its meticulous maintenance and its spectacular communal swimming pool complete with a bar and restaurant—a perfect space to relax and take full advantage of the Mediterranean climate. Furthermore, its location is unbeatable, with all services within easy reach: supermarkets, restaurants, pharmacies, a hospital, and a hotel. It is just a five-minute drive from the beach and ten minutes from the center of Torrevieja.
Property Features
- 1 bedroom
- 1 bathroom
- 40m² Build size
- Swimming Pool
- Air Conditioning
- Balcony
- Communal swimming pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,290€
Final Payment of 90% on completion
92,610€
Property Purchase Expenses
Property price
102,900€
Transfer tax 8%
8,232€
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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