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Ref: SD31-49524
Property marketed by NERJA BEACH PROPERTIES
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Great opportunity in Torrox, housing of 134 m2 in excellent condition, with quick access to it. The property has a private garage and community parking. Covered terrace. The property has solar panels, water softener and water purifier
Property Features
- 3 bedrooms
- 2 bathrooms
- 134m² Build size
- 134m² Plot size
- Parking : 2 P.Spots
- Furnished : Yes
- Swimming pool : No
- Wifi : Yes
- A/C Heater : Yes
- Cleaning room : Yes
- Laundry room : Yes
- Park nearby : Yes
- Terrace/balcony
- Fireplace
- Washing machine
- Bathtub
- 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%
21,000€
Final Payment of 90% on completion
216,000€
Property Purchase Expenses
Property price
240,000€
Transfer tax 10%
24,000€
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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Spanish Property News & Updates by Spain Property Portal.com
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.