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2 bed flat for sale in Torrevieja, Spain, 178 m²

2 bed flat for sale in Torrevieja, Spain, 178 m² - photo 1
2 bed flat for sale in Torrevieja, Spain, 178 m² - photo 2
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2 bed flat for sale in Torrevieja, Spain, 178 m² - photo 5
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2 bed flat for sale in Torrevieja, Spain, 178 m² - photo 8
2 bed flat for sale in Torrevieja, Spain, 178 m² - photo 9
2 bed flat for sale in Torrevieja, Spain, 178 m² - photo 10
2 bed flat for sale in Torrevieja, Spain, 178 m² - photo 11
Price€199,900
TypeFlat
Covered area178 m²
Beds2
Bath2
Market infoNew homes
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Environment

Apartment in Laguna Beach Resorts

The Laguna Beach development is located in Torrevieja city, only 35 minutes away from Alicante, the Atlet international airport and high-speed train station.

The property extends right in front of the Natural Park of the Lagunas de la Mata, with incredible views of the Laguna Rosa and the Mediterranean Sea. Furthermore, it offers huge variety of all the necessary services like supermarkets, restaurants, hospitals, golf courses located in its neighborhood. Laguna Beach allows enjoy the Mediterranean climate during all the year.

Torrevieja is famous by its countless creeks and beaches, which are one of the main attractions for the tourists in this area. Its cultural heritage is also extensive and diverse: the Music Palace, the Municipal Theatre-Auditorium, the International Auditorium and numerous museums.

Torrevieja offers a wide range of services (medical centers, schools, shops, restaurants) as well as different parks and green areas, sports facilities. Its own network of urban buses makes life of the inhabitants simple connecting them with all the city areas.

Project Description

The Laguna Beach Resort is formed by 64 bungalows and 24 villas to enjoy the wonderful Mediterranean climate and breathtaking views of Costa Blanca.

The two-story bungalows are of two bedrooms and two bathrooms, equipped with large terraces and 74 square meters solarium. Each property offers the option of storage room and garage, also the houses have a video entry system. The kitchens are fully furnished and there is an air-conditioning system pre-installation in the living room and bedrooms.

On the other hand, the villas have three bedrooms and three bathrooms. Thanks to large windows, these two-story villas are full of light. The villas also include private swimming pool, a spacious garage with two parking places, 45 square meters solarium with double height that provides stunning views, and a private garden. Kitchens with open design are fully furnished. The properties are with an air-conditioning system pre-installation in the living room and bedrooms, as well as with a video entry system.

The common area of this development has also an oasis type swimming pool with palm trees, chillout areas and playground for kids. The whole complex is closed and has a maximum security.

The price of bungalows starts from 169,900 euros plus VAT and of villas – from 349,900 euros plus VAT.

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

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Company Representatives
in Spain
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
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