3 bedroom Apartment for sale in Torrox, Málaga, Spain

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Spectacular 250 m2 luxury penthouse. The property is located on the very first line of the beach. It has 3 spacious and comfortable bedrooms, 2 bathrooms (1 en suite) plus 1 toilet. It also has a large 250 m2 terrace with a private heated pool, 2 wooden pergolas also equipped with terrace furniture for several rooms. The kitchen is fully equipped with a large pantry, it is sold fully furnished, it also has a room with a pool table, air conditioning. Hot / cold, satellite TV and internet. Panoramic and fantastic views of the mountains and the sea. Very central located in Torrox Costa.

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Property Features

3 bedrooms
2 bathrooms
279m² Build size
Swimming Pool
immaculate condition
well presented
access to beach
near beach
close to shops
sought after area
exclusive development
first line beach
close to all amenities
lounge dining area
guest cloakroom
fitted kitchen
air conditioning
community garden
terrace
pool
private pool
communal pool
electric blinds
lift
marble floors
satellite tv
good rental potential
furnished
fitted bathroom
garden & pool views
mountain views
sea views
store room
coastal
close to restaurants

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

112,000€

Final Payment of 90% on completion

1,035,000€

Property Purchase Expenses

Property price

1,150,000€

Transfer tax 10%

115,000€

Notary fees (approx)

600€

Land registry fees (approx)

600€

Legal fees (approx)

1,500€

* Transfer tax is based on the sale value or the cadastral value whichever is the highest.

** The information above is displayed as a guide only.

Mortgage Calculator

Mortgage Amount:

1,150,000€

Deposit:

€

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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.