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Ref: TP090/14391
Property marketed by Competa Properties S.L.
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Rural plot located in a beautiful and quiet area of Torrox, a short distance from the town, offering a unique opportunity to invest in Spain.
With good access, it currently consists of several banks, where approximately 400 avocado trees were planted and have prospered over the last 2 years. There is a level terrace prepared to be able to build an agricultural warehouse of 60 m², for which permission has already been granted.
With incredible views of the town and the sea, this 6,200 m² plot has infinite possibilities.
The electricity connection has been requested, and the water could be supplied in different ways. A private well is in the process of being drilled for irrigation, and water is being requested for domestic use.
With good access, it currently consists of several banks, where approximately 400 avocado trees were planted and have prospered over the last 2 years. There is a level terrace prepared to be able to build an agricultural warehouse of 60 m², for which permission has already been granted.
With incredible views of the town and the sea, this 6,200 m² plot has infinite possibilities.
The electricity connection has been requested, and the water could be supplied in different ways. A private well is in the process of being drilled for irrigation, and water is being requested for domestic use.
Property Features
- 0 bedrooms
- 0 bathrooms
- 6,333m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,000€
Final Payment of 90% on completion
135,000€
Property Purchase Expenses
Property price
150,000€
Transfer tax 10%
15,000€
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.
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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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