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Penthouse in Torrox Costa with fantastic views of the Mediterranean Sea and the mountainsUnique opportunity to acquire a large penthouse in Torrox Costa, a full 120 sqm of living space and 92 sqm of terrace The apartment is currently divided into three spacious bedrooms and two bathrooms, kitchen, as well as a large living room and corridors that connect the different parts of the apartment With a little change to the layout, you can do something really niceFrom all bedrooms and the living room, you have a fantastic view of the Mediterranean Sea From the large terrace, you also have a wonderful view of the surrounding mountains Just outside the entrance to the building where the apartment is located, is Torrox Costa's extensive sandy beach and promenade Supermarkets, restaurants, banks and other public services are around the corner In short, you can't get a better locationMalaga airport takes 45 minutes by car, but there is also regular bus service from Torrox Costa The renowned Baviera golf course is only 15 minutes by car from your new home In winter you have only an hour and a half drive to Granada, with skiing in the Sierra Nevada Skiing in the morning and swimming in the afternoon, the best of both worlds Torrox, the best climate in Europe!!!
Property Features
- 3 bedrooms
- 2 bathrooms
- 212m² Build size
- Double Bedrooms: 5
- Lift
- Private Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
39,130€
Final Payment of 90% on completion
379,170€
Property Purchase Expenses
Property price
421,300€
Transfer tax 10%
42,130€
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.























