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Ref: TV473
Property marketed by Estate Agents Pérez-Oglietti

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Spacious apartment for sale in Torrox Pueblo. 100M2, consists of living room, separate kitchen with laundry rooms, 3 bedrooms (2 of them with balconies) and a bathroom with bathtub. Located in the heart of the town, surrounded by all kinds of services such as: post office, ambulatory, bakery, etc., and very close to a free public gated car park. It is a first floor without a lift. It needs renovation, mainly painting work. An ideal home for a family or for holiday rentals.
Property Features
- View Video Tour
- 3 bedrooms
- 1 bathroom
- 100m² Build size
- Sun/facing : East
- Closeby : Street/market
- Closeby : Restaurants/bars.
- Closeby : Drugstore
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,500€
Final Payment of 90% on completion
139,500€
Property Purchase Expenses
Property price
155,000€
Transfer tax 10%
15,500€
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.
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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.