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Ref: TV007
Property marketed by Estate Agents Pérez-Oglietti
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It consists of a spacious living room with a fireplace facing south and sea views, access to a wonderful terrace where you can enjoy the unbeatable climate of Torrox, independent kitchen, bathroom and bedroom. On the upper floor we can find 2 bedrooms with fitted wardrobes (both with access to a large terrace with sea views) and a bathroom. You can also enjoy a private garden on different levels, where you can put a prefabricated swimming pool, fruit trees, organic orchard,... And finally a spacious garage with capacity for 3 cars. Quiet area, with good neighborhood and easy access. Only a 3 minute drive to the beach and the promenade.
Property Features
- View Video Tour
- 3 bedrooms
- 2 bathrooms
- 109m² Build size
- Parking : Garage(3+cars)
- Garden : Yes
- Swimming pool : No
- Sun/facing : South
- Wifi : Yes
- Views : Beach/sea
- Park nearby : Yes
- Roof access
- Double glazing
- Basement
- Terrace/balcony
- Fireplace
- Wardrobe/closet
- Bathtub
- Bidet
- Closeby : Street/market
- Closeby : Restaurants/bars.
- Closeby : Drugstore
- Closeby : School
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
29,000€
Final Payment of 90% on completion
288,000€
Property Purchase Expenses
Property price
320,000€
Transfer tax 10%
32,000€
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.