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PENTHOUSE WITH PRIVILEGED VIEWS IN TORREVIEJA WITH 2 BEDROOMS AND 1 BATHROOM WITH PARKING SPACE

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Channel Group Inmobiliarias - Elche 966 673 250  
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184.900 €
* Taxes not included in the price
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In the Parque de las Naciones area, this penthouse at 5 Bilbao Street stands out as a truly special property, where privileged views and a high ceiling combine with the convenience of having all of Torrevieja at your doorstep. With two bedrooms, a bathroom, a parking space, split-system air conditioning, and sold furnished, it presents itself as a move-in ready haven, perfect for year-round living or enjoying time by the Mediterranean.

Surroundings and Location
Bilbao Street is located in a highly sought-after area of ​​Torrevieja, near Parque de las Naciones and within easy reach of the city center and the sea. The surrounding area combines modern residential buildings with green spaces, nearby amenities, and a tranquil atmosphere, ideal for those seeking a balance between urban life and a relaxed environment.

The proximity to the park offers the opportunity to enjoy walks, children's play areas, and open spaces, while shops, cafes, restaurants, and the main roads connecting to the rest of the city are just a short walk away. This location makes the penthouse a perfect base for getting around on foot or by car with complete ease.

Privileged views and a penthouse feel
The true essence of this home lies in its views: situated on the top floor of the building, the penthouse opens up views of the urban environment and, depending on its orientation, can offer unobstructed panoramas of the park, the city, and even glimpses of the sea. This elevated perspective generates a feeling of spaciousness and freedom, very different from that of a home on lower floors.

From the terrace and the main rooms, the landscape changes throughout the day: sunrises that paint the city in soft hues, clear skies at midday, and sunsets that transform the horizon into a perfect backdrop to end the day. This visual connection with the outdoors gives every moment at home a special, almost theatrical, quality.

Living area: light, views, and conviviality
The living area is organized around light and views, becoming the social heart of the penthouse. This space encompasses the living and dining areas, in a layout that invites you to enjoy both everyday life and gatherings with family and friends, always with the feeling of being above the hustle and bustle of the street.

The windows and access to the terrace allow the outdoors to be visually integrated into daily life: watching the city while eating, relaxing on the sofa contemplating the sky, or sharing a conversation with the landscape as a backdrop. All of this reinforces the idea of ​​a panoramic home, where the surroundings are part of everyday life without sacrificing interior privacy.


Separate kitchen: order and convenience
The separate kitchen provides added order and functionality, highly valued in a home of this type. Being separate from the living room allows you to cook, organize your shopping, and store utensils without encroaching on the space for relaxation and gatherings.

This configuration simplifies daily life: you can prepare a leisurely breakfast before leaving, cook calmly while the rest of the house remains tidy, or leave the kitchen in full swing without affecting the aesthetics of the living room. For those who enjoy gastronomy, the kitchen's separation transforms this space into a small culinary workshop, separate from the more social life of the penthouse.

Two bedrooms: rest and privacy
The two bedrooms allow for a comfortable and well-defined sleeping area, distinct from the more dynamic part of the home. Each offers a more secluded atmosphere, ideal for ensuring peaceful nights even when the living area is still in use or the city is bustling.


**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

---

## 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

---

# 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%**

---

## 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**

---

## 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.

---

# 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 A02872
  • Type of Operation For sale
  • Type of property Penthouse
  • Zone / City Parque de las Naciones / Torrevieja
  • Net Internal Area 67 m2
  • Built Surface 73 m2
  • Condition Good condition
  • Bedrooms 2
  • Bathrooms 1
  • Orientation Northwest
  • Terrace Size 15 m2
  • Exterior type External
  • Community fees 30€ / Monthly
  • Kitchen type French - Equipped
  • Interior Carpentry Wood
  • Exterior Carpentry Aluminum / Climalit
  • Type of Floor Stoneware
  • Views Clear view
  • Distance to the sea 800 Metres
  • Tax 283€
  • Regime Libre
  •  Balcony
  •  Garage Included
  •  Phone Line
  •  Terrace
  •  Elevator
  •  Wardrobes
  •  Furniture
  •  Air Conditioning
  •  Light
  •  Water
  •  Parking Included
  •  Tv
  •  Exterior
  •  Bright
  •  Trees
  •  Hospitals
  •  Buses
  •  Shopping Centers
  •  Playground
  •  Schools
  •  Supermarkets

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