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Ref: TP141
Property marketed by Competa Properties S.L.

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Set in the tranquil countryside just under 15 minutes from Torrox Costa, this beautiful plot offers over 7,000 m² of land with breathtaking views towards the sea.
The land features a few established olive trees and provides an ideal setting for planting and cultivating more. Whether you're looking to start a small agricultural project or simply enjoy the peace and nature, this is a fantastic opportunity.
The land features a few established olive trees and provides an ideal setting for planting and cultivating more. Whether you're looking to start a small agricultural project or simply enjoy the peace and nature, this is a fantastic opportunity.
Property Features
- 0 bedrooms
- 0 bathrooms
- 7,000m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
24,500€
Property Purchase Expenses
Property price
27,500€
Transfer tax 10%
2,750€
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.