Imagine living right in the middle of everything Torrevieja has to offer. This is a top-floor apartment, a penthouse if you will, with three bedrooms and two bathrooms. It’s located in a prime spot in the city center, giving you a fantastic vantage point. From the balcony, you can look out and see the city spread out below and catch glimpses of the sea. It’s the kind of place where you feel connected to the pulse of the town.
The location is a major part of what makes this apartment appealing. It’s not just “central”; it’s close to pretty much anything you might need or want on a daily basis. Think about stepping outside and having bus stops readily available, making it easy to get around. The commercial areas are nearby, so shopping is convenient. If you enjoy being by the water, the marinas are within reach. For everyday needs, you’ll find pharmacies, restaurants, shops, and supermarkets all a short distance away. Even the sea itself is just a stone’s throw. This setup really contributes to a lifestyle where errands are quick and leisure is accessible, with most things being within easy reach.
Interior Features and Practicalities
Inside, the apartment is described as modern and well-maintained. It’s designed to offer a comfortable living experience. With three bedrooms, it can accommodate a family, or it could be a good option for individuals who appreciate having extra space for a home office or guest rooms. The two bathrooms add to the practicality, especially for a larger household. It’s presented as a solid choice for those looking for a home in Spain that balances functionality with a certain quality of living. The property also comes with practical additions like a private parking space in the garage, which is a significant plus in a central urban area. The building itself has an elevator, making access to the top floor straightforward.
Understanding the Costs Involved
When purchasing property in this region, there are several costs beyond the advertised price of the property itself. These are standardized and aim to ensure transparency for buyers. For new-build properties, you’ll encounter Value Added Tax (VAT), which is currently set at 10%, and Stamp Duty (AJD), which will be 1.4% starting from June 1, 2026. If you’re looking at resale properties, the main tax is the Property Transfer Tax (ITP). This tax is calculated on the higher amount between the purchase price and the property’s fiscal value. The rate for ITP can vary, typically falling between 3% and 11%, depending on your specific circumstances as a buyer. These percentages are outlined in legislation to guide the calculation.
Beyond taxes, there are also official fees for services that are essential for completing the property transaction. Notary fees are charged for the official witnessing and registration of the sale document. These typically fall in the range of €600 to €1,000. Following the notary, the Land Registry charges fees to officially record your ownership of the property. These are generally around €500. The exact amounts for these official fees can vary slightly, as they are set by specific schedules.
Additionally, the agency commission is already included within the purchase price you see. This means you won’t face a separate bill for the real estate agency’s services at the point of sale. If you plan to use bank financing, meaning you’ll be taking out a mortgage, any associated costs and fees related to the loan itself will need to be arranged directly with the bank providing the financing. These are separate from the property purchase costs and are specific to your borrowing agreement.
To get a clear picture of the total financial commitment, a personalized cost calculation is recommended. This allows for all these different elements—taxes, official fees, and any specific buyer circumstances—to be factored in accurately to provide a final price estimate tailored to your situation.
