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Penthouse – Torrevieja, Valencia, Spain

250,000 €
1,724 € /m²
£227,000
£1,565 /m²
  • Total area
    145 m²
  • Bedrooms
    2
  • Bathrooms
    2
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Features
  • Balcony or terrace

Located only 50m from La Mata Beach. The building consists of 8 apartments with elevator. The houses consist of 1, 2 or 3 bedrooms, bathrooms with underfloor heating fully finished and furnished and lighting throughout the house.

Fastastic new apartment project on the second beach line in La Mata town. One of the best beaches of the area of long extension. All the necessary services are just at hand.

Excellent finishing and material quality. Underfloor heating in bathrooms, white goods, … Completion is in 2018.

2 bedroom, 2 bathroom penthouse-duplex, living-room, American style kitchen, terrace, solarium. Constructed area 145,50 m², price 250.000€.

La Mata is situated on the edge of Torrevieja and with developments over the past ten years have almost made it part of the city. It has not allowed any high rise buildings and retains its individual charm and Spanish identity and also boasts one of the finest beaches along the Costa Blanca Spain. It’s here in La Mata that people gather for their evening stroll away from the mid day sun. The seafront is always bustling with activity, with its many residents taking advantage of over 300 days of sunshine yearly.

Close to the salt lakes of Torrevieja, La Mata reaps the benefits of the health benefits associated with the salt lakes. The most wonderful sunsets to the West can be seen from La Mata with deep red skies set back behind palm trees and gently lapping water. There is a nature park here Park Natural de La Mata which is an official Spanish Nature reserve.

Extra opportunities

We can help you to get a mortgage on favourable terms. A residence permit can be obtained with the purchase of this property. Please ask our team for more information.

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If this property wasn’t for you, take a look at other penthouses for sale in Spain.

You can see more penthouses for sale in Torrevieja elsewhere on our website.

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      FAQs

      • Can I get a mortgage abroad?

        It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

      • How does the purchase procedure work?

        The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

      • Can a residence permit be obtained by buying property?

        In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain, Latvia, and Portugal offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Cypriot passport by buying a property worth at least €2M.

      • Can I obtain income from a seaside apartment?

        Yes. You can use the purchased property yourself for holidays and lease it to tourists for the rest of the time. To avoid the hassle of finding tenants and cleaning the property, it’s a wise idea to hire a management company to do all the work – these services usually cost about 20% of the rent. Take into account the length of the tourist season in the location you choose: in certain regions it will be easy to rent apartments out all year round, while in others it might only be possible to do so during the high season.

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        We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.

      • Who guarantees the transaction security?

        The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.

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