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

ID: 244302
Price€182,000
TypeApartment
Beds2
Bath1
Rooms3
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Sale Apartment - Torrevieja - Spain

This wonderful fourth floor 79m2 beachfront apartment with fantastic sea views is located in the luxury complex Recoleta in Punta Prima, Torrevieja, just 100m to the beach and close to all amenities. It consists of 2 large bedrooms, main bedroom has double bed and en-suite bathroom, second bedroom has two single beds; one bathroom, lounge, fully furnished, semi open kitchen and a big sunny terrace of 15sqm with panoramic sea views. The apartment boasts marble floors, air conditioning, heating, underground parking, alarm, communal garden and swimming pool.La Recoleta is a complex infront of the sea, located close to all amenities as Zenia Boulevard and Habaneras Shopping Centre, private schools and sports centers. Walking distance to Cala Piteras, Cala ferrís, Cala de la Mosca, Punta Prima beach, Orihuela Costa and Torrevieja blue flag beaches. Borders with the urbanization Rocío del Mar. A few minutes from the golf courses Las Colinas, Campoamor, Las Ramblas and Villamartin. Good communication with the Mediterranean motorway AP- 7 and N -332.

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

Mortgage Calculator

Property Price
Indicate down payment
Years
Interest Rate
817 per month

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%
AminaReal estate sales manager in Torrevieja
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