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Ref: TV409
Property marketed by Estate Agents Pérez-Oglietti
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2-bedroom apartment for sale in El Peñoncillo, Torrox Costa. It consists of a living room with a fully furnished kitchenette and access to the terrace of the house, 2 bedrooms and 1 bathroom. It is a first floor with elevator and views towards the street and you can also see the sea from the side. The community does not have a communal swimming pool. With west orientation and afternoon sun and just over 100 meters from the beach and about 5 minutes walk from the center of Torrox Costa. Sold unfurnished. Ideal as an investment for tourist rentals or where to spend your holidays
Property Features
- 2 bedrooms
- 1 bathroom
- 70m² Build size
- Furnished : No
- Sun/facing : West
- Terrace/balcony
- Built-in kitchen
- Fridge
- Microwave oven
- Vitroceramic
- Closeby : Restaurants/bars.
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,800€
Final Payment of 90% on completion
160,200€
Property Purchase Expenses
Property price
178,000€
Transfer tax 10%
17,800€
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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