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Ref: A821
Property marketed by David Santiago Inmobiliaria

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Unique opportunity in the heart of Torrox Costa! Cozy ground floor apartment of 43 m2 for sale, ideal for living all year round or as a holiday investment. 1 bedroom with built-in wardrobe Spacious and accessible bathroom Integrated kitchen in living-dining room Private terrace of 23 m2, perfect to enjoy the good climate of the Costa del Sol Fully adapted for people with reduced mobility Includes: Garage space and storage room on the same floor, with direct access through automatic door Located in a gated community and video surveillance, with a communal roof terrace with a clothesline area Great location, just a short walk from: Supermarkets: Lidl, Aldi, São Paulo Bus station Pharmacy and hardware store And only 400 meters from the beach! Contact us for more information or to arrange a visit. Real estate management fees of 3% not included in the price.
Property Features
- 1 bedroom
- 1 bathroom
- 43m² Build size
- Parking : YES
- Furnished : Yes
- Sun/facing : East
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,000€
Final Payment of 90% on completion
171,000€
Property Purchase Expenses
Property price
190,000€
Transfer tax 10%
19,000€
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.