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Property marketed by The Property Group
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Don't miss the opportunity to own this spacious 1-bedroom apartment in Eliseos Playa in the sought after area of La Veleta Just by the seaThe property of 42 sqm is located on the second floor A lift is availableAs you enter, you'll find a hallway, with a good size bathroom directly to the right Straight ahead, you'll reach the lounge and kitchenThe apartment features one double bedroom with a fitted wardrobeThe open-plan layout of the kitchen and lounge is perfect for entertaining guests or spending time with family The current kitchen offers plenty of storage space and includes a washing machine From the kitchen, you have access to the glaced terrace with partial sea viewThe property is sold unfurnished (can be negotiated) The kitchen is in used standard and can benefit from an updateThe property is located in a quiet area about 80 meters from the sea, with fantastic walking paths along the coast You can stroll to the center of Torrevieja or head south toward Punta Prima, Playa Flamenca, and La Zenia There are excellent bus connections to Torrevieja's center Free parking on the streetThe nearest large beach is Playa Naufragos and several swimming spots are very close to the property There is also a beautiful palm garden nearby where you can sunbathe, read a book, or have a picnic between swimsTaxes and fees are not included in the property price
Property Features
- 1 bedroom
- 1 bathroom
- 42m² Build size
- TV and telephone connections
- Key ready
- Lift
- Terrace
- White goods
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,200€
Final Payment of 90% on completion
100,800€
Property Purchase Expenses
Property price
112,000€
Transfer tax 8%
8,960€
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.