Area
41 м2
Bedrooms
1
Bathrooms
1
1 bedroom apartment for sale in Torrevieja, Alicante, Valencia, Spain.
Very nice, brand new apartment to be delivered in February 2021. Perfectly located in Torrevieja, 700 meters from the beach del Cura and 1 km from Los Locos beach.
Additional details
Property type
All Types
Object type
Flat
Price
159 980 $
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 (159 980 $) 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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Liliya
International Real Estate Consultant