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Ref: TV489
Property marketed by Estate Agents Pérez-Oglietti

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Charming town house to reform in Torrox Pueblo. Divided into 2 floors, it consists of kitchen, dining room, living room with fireplace, 2 bedrooms and 1 bathroom. It does not have a roof, but it can be built without any problem. Located in one of the best known streets of the town, easy to access, without slopes or steps, very close to a community parking and less than 4 minutes walk from the center all on the flat. Ideal for someone who wants to start a small project in this quiet and cozy village 5 minutes from the Mediterranean Sea.
Property Features
- 0 bedrooms
- 0 bathrooms
- 56m² Build 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%
4,700€
Final Payment of 90% on completion
69,300€
Property Purchase Expenses
Property price
77,000€
Transfer tax 10%
7,700€
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.