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Ref: TV361
Property marketed by Estate Agents Pérez-Oglietti
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Apartment for sale with 3 bedrooms to renovate in the center of Torrox Pueblo. It consists of a spacious living room with a balcony, a separate kitchen with a small laundry room, a bathroom, an uninstalled toilet and 3 large bedrooms with balconies. In a small block with good neighborliness and in the center. 1st floor without elevator. The apartment is in need of renovation to make it a cosy home to live in or a place to spend an idyllic holiday.
Property Features
- 3 bedrooms
- 1 bathroom
- 120m² Build size
- Furnished : No
- Sun/facing : South
- Views : City/town
- Laundry room : Yes
- Private patio
- Terrace/balcony
- Bathtub
- 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%
8,600€
Final Payment of 90% on completion
104,400€
Property Purchase Expenses
Property price
116,000€
Transfer tax 10%
11,600€
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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