3 bedroom Villa for sale in Torrox, Málaga, Spain

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Property marketed by Estate Agents Pérez-Oglietti

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Spacious townhouse for sale in Torrox Pueblo. 112 M2 built between house and storage room + 129m2 of patio. The current property consists of 3 bedrooms and has a large terrace, but it needs renovations as it is in poor condition. Ideally, the entire plot would be built with ground floor + 2 floors. Located in one of the main streets of the town, surrounded by all kinds of businesses and services, with 2 accesses (one from the south and one from the back). Excellent investment to carry out a small project.

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Property Features

3 bedrooms
1 bathroom
Sun/facing : South
Private patio
Terrace/balcony
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%

23,000€

Final Payment of 90% on completion

234,000€

Property Purchase Expenses

Property price

260,000€

Transfer tax 10%

26,000€

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.

Mortgage Calculator

Mortgage Amount:

260,000€

Deposit:

€

Interest Rate:

Period:

Mortgage Result

* 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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Villa for sale

Torrox, Málaga

259,000€
3
2
116m² 20

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.