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Flat 201 м² in Torrevieja, Spain

198 586 $

987 $ /м²

4Oaiz
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Area

201 м2

Bedrooms

5

Bathrooms

2

Apartment in Valencia and Murcia. City - Torrevieja

Penthouse in the center of Torrevieja. Penthouse for sale in Torrevieja, for renovation, can be divided into two apartments. The apartment is located near the town hall and church. The penthouse consists of 5 bedrooms with separate kitchen furniture, storeroom, and gallery. Completely independent dining room. Fully independent living room. Another full toilet. There are 4 balconies. Permission is granted to install a fireplace or wood stove. The price includes a fully independent garage area of ​​26 m2. The windows overlook three streets; at noon they face north, south, and east. 4th floor with elevator. Garage. Terrace. Roof terrace. Storeroom. Close to shops. Garage / Parking. Terrace. Furnished.

Additional details

Property type

Residential Properties

Object type

Flat

Price

198 586 $

FAQ

In Spain a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Torrevieja; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Spain finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Spain takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Torrevieja short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (198 586 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Torrevieja: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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