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Ref: 729404
Property marketed by Lavanda Real Estate SL
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Welcome to a beautiful ground floor apartment in the popular and green area of Los Balcones in Torrevieja. The property is located in a large, modern residential complex and offers a peaceful environment, lush communal gardens and two spacious swimming pools - perfect for enjoying the Mediterranean lifestyle. As you enter you are greeted by a private terrace, perfect for relaxing or entertaining. Inside the property there is a bright and spacious living room, a fully equipped modern kitchen, a master bedroom with en suite bathroom, a second bedroom and a separate bathroom. At the back of the apartment there is a second terrace with a stunning view of the famous salt lakes. The terrace offers a unique and peaceful environment for daily use. One of the most striking features of this home is the fully finished basement. This spacious space includes a large additional living room, a large third bedroom, a bathroom and a separate laundry room. From the basement you have direct access to a private parking space and a spacious, separate utility room - perfect for storing everything in an orderly and secure manner. Whether you are looking for a permanent residence, a holiday home or a solid investment on the Costa Blanca, this apartment offers space, comfort and quality in a fantastic location.
Property Features
- 3 bedrooms
- 3 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
31,900€
Final Payment of 90% on completion
314,100€
Property Purchase Expenses
Property price
349,000€
Transfer tax 8%
27,920€
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.