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Ref: R5010271
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TORROX PARK-TORROX COSTA - For Sale - Cozy 1st floor 2 bedroom, 1 bathroom apartment, located in a quiet residential area of Torrox Park with Sea views.
Welcome to this bright West facing 2 bedroom 1 bath apartment located in the popular Torrox Park area.
The apartment consists of a hall entrance, a bright living room area with a glass doors to the balcony with sea and mountain views.
Open plan kitchen to the living area, the bedrooms have built-in wardrobe, a window that brings in lots of light. The bathroom has a walk-in shower.
The property enjoys a community pool and tennis court, nice well-kept. Street parking.
The apartment is close to local transport, bars, and restaurants.
Welcome to this bright West facing 2 bedroom 1 bath apartment located in the popular Torrox Park area.
The apartment consists of a hall entrance, a bright living room area with a glass doors to the balcony with sea and mountain views.
Open plan kitchen to the living area, the bedrooms have built-in wardrobe, a window that brings in lots of light. The bathroom has a walk-in shower.
The property enjoys a community pool and tennis court, nice well-kept. Street parking.
The apartment is close to local transport, bars, and restaurants.
Property Features
- 2 bedrooms
- 1 bathroom
- 43m² Build size
- Swimming Pool
- Setting - Town
- Setting - Close To Shops
- Setting - Close To Town
- Setting - Urbanisation
- Orientation - West
- Condition - Fair
- Condition - Renovation Required
- Pool - Communal
- Views - Sea
- Views - Mountain
- Features - Fitted Wardrobes
- Features - Near Transport
- Features - Private Terrace
- Features - Tennis Court
- Furniture - Not Furnished
- Kitchen - Partially Fitted
- Garden - Communal
- Parking - Street
- Utilities - Electricity
- Utilities - Drinkable Water
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,800€
Final Payment of 90% on completion
142,200€
Property Purchase Expenses
Property price
158,000€
Transfer tax 10%
15,800€
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.