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Ref: JBRID5412
Property marketed by JMT Spanish Properties
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Torrevieja, Luxury 2 bed ground floor front-line beach apartment. Rare chance to buy in this very sort after gated complex. The property has lounge/diner , 2 double bedrooms, 1 family bathroom, Fully fitted kitchen also with air-con throughout. The apartment also has wonderful views of communal pool and beach. The property is stunning and early viewing recommended. Walk to all amenities. Book to view with JMT Spanish Properties.
Property Features
- 2 bedrooms
- 1 bathroom
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,450€
Final Payment of 90% on completion
112,050€
Property Purchase Expenses
Property price
124,500€
Transfer tax 8%
9,960€
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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Spanish Property News & Updates by Spain Property Portal.com
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.