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Ref: TCP260
Property marketed by Competa Properties S.L.
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Torrox (Málaga), a charming village on the Costa del Sol, is known for its warm climate throughout the year and its beauty. This property, just 5 minutes from the vibrant center of the town, with all its services, offers you a quiet refuge and beautiful views of the town and the coast. The coast, with its beaches and entertainment options, is 10 minutes away by car.
The property consists of two independent houses, each with two bedrooms, a private entrance, and complete privacy, and a single-car garage. It's ideal for living in one and renting out the other for long-term rentals or as a vacation rental. An excellent option for those looking for a place to live and for those seeking a profitable investment.
House number 1: Located on the highest part of the property, it stands out for its spacious and convenient access. The house boasts two extra-large terraces, ample outdoor spaces around the property, and a barbecue area, perfect for enjoying the year-round Mediterranean climate. These outdoor areas offer multiple options for relaxation or outdoor activities, all with views of the natural surroundings.
Inside, the house features a very spacious living room with a fireplace that adds a cozy touch to the space. Adjacent to the living room is a fully furnished and equipped open-plan kitchen. From the living room, you access a hallway that connects to two bedrooms and two bathrooms (one of which has access to a storage room).
House number 2: Located on the lower part of the property, with private access and a welcoming, east-facing porch at the entrance, allowing for the perfect amount of fresh air on summer afternoons and evenings. Upon entering, you'll find a spacious, fully furnished and equipped kitchen, semi-open to the large, bright living room with direct access to the exterior and the terrace located on the west side of the house, ideal for relaxing and enjoying the Costa del Sol's year-round climate.
From the living room, you access a hallway that leads to two bedrooms, both with built-in wardrobes, and two bathrooms, one of them en suite, providing comfort and privacy in each space.
The two homes were built approximately three decades ago and are in good structural condition. They were occupied until just a few weeks ago, ensuring they are functional and ready for use. However, it's understandable that the buyer may want to make some updates or renovations to adapt them to their current tastes and needs. These renovations will allow the spaces to be updated while maintaining the solidity and original layout of the homes.
The property has a legal well that supplies water to both houses, ensuring autonomy and saving resources. This feature, along with the solid structure and excellent profitability potential, makes this property a very attractive option. Furthermore, for those interested in installing a pool, the property boasts spacious outdoor spaces where it is possible to install an above-ground pool, with a modern and attractive design. Don't miss this opportunity to acquire a property with great income-generating potential in a constantly growing area.
Beach: 7 km
Bars and Restaurants: 2.5 km
Grocery Stores: 2.5 km
Supermarket: 2.5 km
Shopping Center: 20 km
Golf: 15 km
Hospital / Medical Center: 2.5 km
The property consists of two independent houses, each with two bedrooms, a private entrance, and complete privacy, and a single-car garage. It's ideal for living in one and renting out the other for long-term rentals or as a vacation rental. An excellent option for those looking for a place to live and for those seeking a profitable investment.
House number 1: Located on the highest part of the property, it stands out for its spacious and convenient access. The house boasts two extra-large terraces, ample outdoor spaces around the property, and a barbecue area, perfect for enjoying the year-round Mediterranean climate. These outdoor areas offer multiple options for relaxation or outdoor activities, all with views of the natural surroundings.
Inside, the house features a very spacious living room with a fireplace that adds a cozy touch to the space. Adjacent to the living room is a fully furnished and equipped open-plan kitchen. From the living room, you access a hallway that connects to two bedrooms and two bathrooms (one of which has access to a storage room).
House number 2: Located on the lower part of the property, with private access and a welcoming, east-facing porch at the entrance, allowing for the perfect amount of fresh air on summer afternoons and evenings. Upon entering, you'll find a spacious, fully furnished and equipped kitchen, semi-open to the large, bright living room with direct access to the exterior and the terrace located on the west side of the house, ideal for relaxing and enjoying the Costa del Sol's year-round climate.
From the living room, you access a hallway that leads to two bedrooms, both with built-in wardrobes, and two bathrooms, one of them en suite, providing comfort and privacy in each space.
The two homes were built approximately three decades ago and are in good structural condition. They were occupied until just a few weeks ago, ensuring they are functional and ready for use. However, it's understandable that the buyer may want to make some updates or renovations to adapt them to their current tastes and needs. These renovations will allow the spaces to be updated while maintaining the solidity and original layout of the homes.
The property has a legal well that supplies water to both houses, ensuring autonomy and saving resources. This feature, along with the solid structure and excellent profitability potential, makes this property a very attractive option. Furthermore, for those interested in installing a pool, the property boasts spacious outdoor spaces where it is possible to install an above-ground pool, with a modern and attractive design. Don't miss this opportunity to acquire a property with great income-generating potential in a constantly growing area.
Beach: 7 km
Bars and Restaurants: 2.5 km
Grocery Stores: 2.5 km
Supermarket: 2.5 km
Shopping Center: 20 km
Golf: 15 km
Hospital / Medical Center: 2.5 km
Property Features
- 4 bedrooms
- 4 bathrooms
- 124m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
36,900€
Final Payment of 90% on completion
359,100€
Property Purchase Expenses
Property price
399,000€
Transfer tax 10%
39,900€
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.
Mortgage Calculator
Mortgage Amount:
399,000€
Deposit:
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Interest Rate:
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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.
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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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