Land for sale in Torrox, Málaga, Spain

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Ref: TP140

Property marketed by Competa Properties S.L.

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Discover this outstanding plot of over 43,000 square meters just a short 10-minute drive from the vibrant coastline of Torrox Costa. Offering vast potential, this expansive piece of land is ideal for a range of uses — whether you're dreaming of cultivating your own fruit grove or planning to build a bespoke property (subject to town hall approval).

With water and electricity connections nearby, the essentials are already in place, making development easier and more accessible. The sheer size of the land opens up exciting possibilities for agricultural, residential, or investment purposes.

This is a rare chance to secure a large plot in a highly desirable location. Don’t miss out — contact us today for more information or to arrange a viewing.

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Property Features

0 bedrooms
0 bathrooms
43,000m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

20,500€

Final Payment of 90% on completion

211,500€

Property Purchase Expenses

Property price

235,000€

Transfer tax 10%

23,500€

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:

235,000€

Deposit:

€

Interest Rate:

Period:

Mortgage Result

* 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%.