Townhouse for sale in Frigiliana, Málaga, Spain

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Property marketed by Estate Agents Pérez-Oglietti

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Spacious village house for sale in El Acebuchal (Torrox); 350M2 of building, comprising a large living area, kitchen, 9 bedooms, 9 bathrooms and roof terrace with private swimming-pool. The house is sold partly finished ( it is almost finished) Originally it was going to be a hotel or a B&B but the owner has decided to sale it as it is. Situated in the little hamlet of El Acebuchal ( the lost village bwteen Cómpeta and Frigiliana). Quiet area surrounded by unspoilt mountains and Natural Park of Sierra Tejeda, Almijara and Alhama, and situated 30 minutes away into the mountains from Torrox Pueblo. It has a lot of potential and it is great to start your own B&B

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Property Features

0 bedrooms
0 bathrooms

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.

Mortgage Calculator

Mortgage Amount:

320,000€

Deposit:

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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.