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Ref: M298323
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Ground-floor apartment with a surface area of 89 m², located on the seafront in a highly sought-after area of Torrevieja. The property has three bedrooms, two full bathrooms, a separate kitchen, and a good-sized living-dining room that provides a comfortable space for everyday life. It is being sold fully furnished and with appliances, ready to move into. The surrounding area offers a wide variety of services within walking distance, including Naufragos beach, supermarkets, restaurants, public transportation, as well as easy access to the airport, shopping centers, beaches, and golf courses. It is an attractive option both as a permanent residence and for vacations.
Property Features
- 3 bedrooms
- 2 bathrooms
- 105m² Build size
- Double Bedrooms: 3
- Location: Coastal
- Useable Build Space: 89 Msq.
- Beach: 10 Meters
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,900€
Final Payment of 90% on completion
125,100€
Property Purchase Expenses
Property price
139,000€
Transfer tax 8%
11,120€
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.