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Ref: SD31-58526
Property marketed by David Santiago Inmobiliaria

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Sale of gated garage in El Peñoncillo - 26 m2, double, next to the beach Large gated garage for sale in an excellent location, a few meters from the beach of El Peñoncillo, in Torrox Costa. The property has a total area of 26 m2, with capacity for two vehicles or to combine parking and storage area. It is currently closed and used as a storage room, which demonstrates its versatility of use. Highlights: Sale price: 46.000 € Area: 26 m2 built Closed with private door Double Carport Prime location by the sea Ideal as a garage, warehouse or investment Perfect for residents or as a rental investment in an area with high demand for parking, especially in high season.
Property Features
- 1 bedroom
- 0 bathrooms
- 26m² Build size
- 26m² Plot size
- 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%
1,600€
Final Payment of 90% on completion
41,400€
Property Purchase Expenses
Property price
46,000€
Transfer tax 10%
4,600€
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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