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Ref: AG19MLSC2107301
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Located on the first floor with lift access, this bright and practical apartment is an excellent option both as a permanent residence and as an investment opportunity. The property features a cosy living room with an open-plan kitchen, a double bedroom, a full bathroom, and a glazed terrace – perfect as an additional relaxation area or sunlit dining space. The building is well-maintained and offers a communal swimming pool, two lifts, and intercom access. Situated just a short walk from Torrevieja’s vibrant town centre, it benefits from all nearby amenities including supermarkets, public transport, shops, restaurants, and leisure areas. A well-laid-out home, ready to enjoy urban life by the sea.
Property Features
- 1 bedroom
- 1 bathroom
- 50m² Build size
- Swimming Pool
- Near bus route
- Aircondition, Split system
- Pool, Communal
- Elevator
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,490€
Final Payment of 90% on completion
76,410€
Property Purchase Expenses
Property price
84,900€
Transfer tax 8%
6,792€
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.