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Ref: TV475
Property marketed by Estate Agents Pérez-Oglietti

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Townhouse for sale in Torrox Pueblo. Divided into 2 floors, it consists of small living room, separate kitchen, 1 bedroom on the ground floor; 3 bedrooms and a bathroom with shower on the upper floor and a sunny terrace with views of the village and the sea. It is in a good state of conservation, habitable. Located in the upper part of the town, in a quiet pedestrian street and a few minutes walk from a free public car park.
Property Features
- 4 bedrooms
- 1 bathroom
- 85m² Build size
- Sun/facing : South
- Views : Beach/sea
- Roof access
- Terrace/balcony
- Built-in kitchen
- 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%
11,900€
Final Payment of 90% on completion
134,100€
Property Purchase Expenses
Property price
149,000€
Transfer tax 10%
14,900€
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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Spanish Property News & Updates by Spain Property Portal.com
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.