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Ref: MLSC1897760
Property marketed by The Property Group
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I present this renovated apartment in Torrevieja, located in the Parque de las Naciones residential complex It's just 10 minutes from the beach The property offers a constructed area of ??6094 m², distributed on the third floor with an elevator It has 2 bedrooms, 1 bathroom, and a bright terrace with beautiful views of the green areas and pool Thanks to its south-facing orientation, the villa enjoys excellent natural light throughout the day The house has been recently renovated, with all floors, kitchen, and bathrooms replaced The furniture is new The house is located in a residential development, in a strategic area with all services within easy reach: supermarkets, schools, shops, banks, and restaurants Everything you need is just a step away Don't wait any longer! Come and visit it!
Property Features
- 2 bedrooms
- 1 bathroom
- 61m² Build size
- Open Terrace/Patio
- Communal Pool
- Garden
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,726€
Final Payment of 90% on completion
141,534€
Property Purchase Expenses
Property price
157,260€
Transfer tax 8%
12,581€
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.