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Ref: TV478
Property marketed by Estate Agents Pérez-Oglietti

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Spacious and bright apartment for sale in the heart of Torrox Costa. Second floor with elevator, consists of independent kitchen with laundry room, large living room with access to the terrace from where you can see the sea, 3 bedrooms and 1 bathroom. Located in the heart of Torrox Costa, in a small and family block, very central, about 200 meters from the sea and the promenade (you have to cross the road), with south orientation and sea views (from the terrace and from one of the bedrooms). Don't miss the opportunity to have a spacious apartment, where you can spend a great holiday or where you can form a cozy home.
Property Features
- 3 bedrooms
- 1 bathroom
- 90m² Build size
- Sun/facing : South
- Views : Beach/sea
- Terrace/balcony
- 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%
22,500€
Final Payment of 90% on completion
229,500€
Property Purchase Expenses
Property price
255,000€
Transfer tax 10%
25,500€
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.