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2 bed apartment for sale in Torrevieja, Spain - photo 1
2 bed apartment for sale in Torrevieja, Spain - photo 2
2 bed apartment for sale in Torrevieja, Spain - photo 3
2 bed apartment for sale in Torrevieja, Spain - photo 4
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2 bed apartment for sale in Torrevieja, Spain - photo 7
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2 bed apartment for sale in Torrevieja, Spain

ID: 244286
Price€187,000
TypeApartment
Beds2
Bath2
Rooms3
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Sale Apartment - Torrevieja - Spain

This lovely furnished apartment it's located in the quiet urbanization La Recoleta in the luxury residential Punta Prima Beach Resort that has 24/h security service, tropical gardens and great swimming pools. It consists of 2 large bedrooms, 2 bathrooms, a spacious and homely lounge, fully equipped independent kitchen and a big terrace with access from the living room. It includes a private parking and storage room. The residential La Recoleta, Punta Prima Beach Resort it is situated at 300m approximately to the nearest beach and close to all amenities i.e. shopping centers, such as La Zenia Boulevard, gym, bars and restaurants. Connect to the N332 national road and easily communicates with the Mediterranean motorway AP-7.

Extra Сosts when Buying Property

WITHOUT MOTGAGE
VAT for new residential properties 10%
VAT for new commercial properties and plots of land 21%
Property Transfer tax for re-sale property 6-10%
Stamp Duty 1%
Notary and Land Registry fees about 2%
WITH MORTGAGE
To the expenses noted above add:
Bank mortgage fee, of the value of the mortgage 1%-1.5%
Mortgage deed tax 1.5%
Land Registry and notary expenses about 2%
Bank valuation of the property from €300
Documents translation from €200
Insurance payments for the first year from €300/год

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Interest Rate
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Ongoing Ownership Costs

Annual property ownership tax, calculated on the cadastral value 0.5-2%
Non-resident income tax (the base for the applicable tax rate is generally 2% of the cadastral value) 25%
Annual wealth tax 0.2%-2.5%
Rubbish Collection Tax €100-200 p.a.
Community expenses for condominiums and urbanisations from €300 p.a.
Water and electricity rates €100-200 per month

Additional Services Costs

Legal fees about 1%
Estate agency fees 3-5%

Return on Investment

Property Price
Rental Cost
0%
Jane
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