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New Build Development in the Heart of Torrevieja

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Channel Group Inmobiliaria - Elche 966 673 250

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209.900 €

* Taxes not included in the price

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New Build Development in the Heart of Torrevieja

Located in the vibrant center of Torrevieja, this new build development offers the perfect combination of modern living and accessibility. Situated just 300 meters from a wide array of services, including restaurants, bars, supermarkets, taxis, bus stops, pharmacies, and banks, this property provides unparalleled convenience in one of the most sought-after areas of the city.

Proximity to Beaches and Entertainment

One of the standout features of this property is its close proximity to the stunning beaches of Torrevieja, located just 600 meters away. Whether you’re looking to relax by the sea or explore the local area, you’ll find yourself close to some of the best coastal spots. Additionally, the renowned shopping center “Las Habaneras” is just 1 km away, offering a variety of shops, entertainment, and dining options. For outdoor enthusiasts, the beautiful Parque Europa is also nearby, perfect for leisurely walks and family outings.

Modern Design and Amenities

This residential building is comprised of 17 units, featuring studio apartments as well as 1, 2, and 3-bedroom layouts. Designed with modern living in mind, each unit offers spacious interiors and high-quality finishes. Residents can enjoy a community rooftop area with a heated glass swimming pool, perfect for year-round relaxation.

Additional Storage and Location Perks

The building also offers optional large storage rooms located in the basement, providing extra space for your belongings. Torrevieja’s main points of interest, such as Alicante Airport (45 km away) and nearby golf courses like Villamartín (10 km), make this an ideal location for those seeking a well-connected and vibrant living environment.

This property in the heart of Torrevieja offers everything you need for modern, coastal living.

**In compliance with the information obligations established by Law 10/2025 of 28 December on customer service and transparency, as well as the applicable sector-specific regulations currently in force, it is hereby stated that the indicated sale price does not include the expenses and taxes inherent to the acquisition of the property, which shall be borne by the purchasing party and are detailed below:**

# TAXES PAYABLE ON RESIDENTIAL PROPERTIES

## First transfer (new build properties)

### Value Added Tax (VAT)

**10% (General Rate):**
Applicable to the vast majority of newly built residential properties, including up to a maximum of two parking spaces and any annexes transferred together with the property within the same building.

**4% (Reduced Rate):**
Applicable exclusively to Officially Protected Housing (VPO – *Viviendas de Protección Oficial*) under a special regime or publicly promoted housing programmes.

Further information:

https://sede.agenciatributaria.gob.es/Sede/iva/iva-operaciones-inmobiliarias/compro-vivienda-tengo-que-pagar-itp.html

### Stamp Duty / Tax on Documented Legal Acts (IAJD)

**1.4% (General Rate):**
This is the standard rate applicable to public deeds of sale and purchase of newly built properties subject to VAT.

**0.1% (Super-reduced Rate):**
Special tax benefit applicable when the newly built property is intended to be the purchaser’s first habitual residence.

The current applicable rates, including the latest tax updates introduced by the Generalitat Valenciana, are detailed at:

https://hisenda.gva.es/es/web/tributos/beneficis-fiscals-2026

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## Second transfer (resales / second-hand properties)

### Property Transfer Tax (ITP – *Impuesto sobre Transmisiones Patrimoniales*)

The applicable tax rate in the Autonomous Community of Valencia shall be **9%** (generally), without prejudice to reduced rates of **8%, 6%, 4% or 3%** that may apply depending on the purchaser’s personal circumstances or the characteristics of the property.

The tax is assessed on the **Cadastral Reference Value (Valor de Referencia del Catastro)** or the sale price, whichever is higher.

For comprehensive information regarding the operation, tax rates and tax benefits applicable to ITP in the Valencian Community, please consult the official website of the Valencian Tax Agency at:

https://atv.gva.es/es/itpajd

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# TAXES PAYABLE ON COMMERCIAL PREMISES, INDUSTRIAL UNITS AND OFFICES

## First transfer (new build) of commercial premises, industrial units or offices

When the seller is the developer, builder or a business entity carrying out the first transfer, the transaction is subject to:

* **VAT at 21%**
(If the purchaser is a business/professional entity entitled to VAT deduction, the VAT paid may be recovered.)

* **Stamp Duty / Tax on Documented Legal Acts (AJD) at 1.4%**

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## Second transfer of used commercial premises, industrial units or offices

When the transaction is not subject to VAT, the purchase is subject to:

### Property Transfer Tax (ITP)

* **9%** on the taxable base up to **€1,000,000**
* **11%** on the amount exceeding **€1,000,000**

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## Second transfer between businesses with waiver of VAT exemption

This remains one of the most common transactions involving industrial units, office buildings and commercial premises acquired as investments.

Where the waiver of VAT exemption applies, the transaction is subject to:

* **VAT at 21%**
* **Stamp Duty / AJD at 1.4%**

If the purchaser is a business entity entitled to VAT deduction, the VAT paid may be recovered.

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# COMMON EXPENSES APPLICABLE TO RESALES, NEW BUILD RESIDENTIAL SALES AND SALES OF COMMERCIAL PREMISES, INDUSTRIAL UNITS AND OFFICES

### • Notary Fees

Notarial fees shall be calculated in accordance with the official tariff regulated in Annex I of Royal Decree 1426/1989 of 17 November, approving the Notarial Fee Schedule.

### • Land Registry Fees

Registration of the property transfer at the Land Registry shall be invoiced according to the official tariff established in Annex I of Royal Decree 1427/1989 of 17 November.

### • Administrative Management Fees (Gestoría)

Fees for administrative processing, tax settlement and registration at the Land Registry amount to approximately **€423.50 (VAT included).**

### • Estate Agency Fees

Included in the advertised sale price (PVP) and paid by the seller.

### • Buyer’s Estate Agency Fees

Please be advised that, in certain cases, professional fees may be payable by the purchaser where they have contracted property acquisition services (**PSI – Personal Shopper Inmobiliario**).

**These fees are not linked to the purchase price of the property and are not included in it.**

Property Features

Reference N8451
Type of Operation For sale
Type of property Studio
Zone / City Centro / Torrevieja
Net Internal Area 30 m²
Built Surface 35 m²
Condition New Build
Bathrooms 1
Year built 2025
Levels 1
Floor 1
Terrace Size 1 m²
Distance to the sea 600 Metres
Regime Libre

Terrace
Elevator
Wardrobes
Community Pool
Hospitals
Coastal Area
Buses
Shopping Centers
Schools
Supermarkets

Energy Efficiency Rating

	Energy Consumption kWh/m² Year	Consumer Kg CO2/m2 Year

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