Modern apartment in the center of Torrevieja, near the beach of Los Locos (230237)
A new project in the heart of Torrevieja, just a 3-minute walk from the popular beach of Los Lokos.
Construction of a five-storey building with a unique and modern facade will begin soon. There will be only 12 exclusive apartments in the complex, including two-bedroom apartments and studios.
Basic characteristics:
The complex is designed taking into account all modern requirements for comfort and quality of construction.
On the roof of the building there will be a spacious chill-out area with a heated pool, a Finnish sauna and a barbecue area. For owners of penthouses there is a private solarium with a shower and a place to relax.
The apartment is rented with high-quality finishes, built-in wooden cabinets, lighting and fully furnished kitchens.
The bathroom is also fully equipped.
This complex is the perfect combination of modern style and convenience in a prestigious area with proximity to the beach and all the necessary infrastructure.
Updated: 07.10.2024
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 (301 091 $) 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).
City View view 301 091 $
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