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Ref: NBP-V00881
Property marketed by NERJA BEACH PROPERTIES
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Beautiful 2-bedroom apartment for sale in the center of Torrox Costa, this property consists of a large L-shaped terrace that surrounds the house, with wide unobstructed views, large open plan kitchen to the living room fully equipped and furnished, two bedrooms, bathroom with bathtub, communal pool, this property is located in the center of Torrox Costa, A few minutes from the beach and a few meters from supermarkets, bus stop, etc. .
Property Features
- 2 bedrooms
- 1 bathroom
- 70m² Build size
- Swimming Pool
- Furnished : Semi
- Swimming pool : Yes
- Petfriendly : Yes
- Views : Yes
- A/C Heater : Yes
- Elevator : Yes
- Double glazing
- Terrace/balcony
- Wardrobe/closet
- Built-in kitchen
- Closeby : Street/market
- Closeby : Restaurants/bars.
- Closeby : Drugstore
- Closeby : School
- Closeby : Shopping ctr.
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
18,000€
Final Payment of 90% on completion
189,000€
Property Purchase Expenses
Property price
210,000€
Transfer tax 10%
21,000€
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.
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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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.