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Ref: TP083/14391
Property marketed by Competa Properties S.L.
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This rustic plot of 10,000 m² with a 10 m² warehouse is approximately 5 minutes' drive from the pretty white village of Torrox, easily accessed from the tarmac road.
A flat piece of land with a parking area. It also has two private wells and a concrete water tank.
A flat piece of land with a parking area. It also has two private wells and a concrete water tank.
Property Features
- 0 bedrooms
- 0 bathrooms
- 10m² Build size
- 10,000m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,850€
Final Payment of 90% on completion
142,650€
Property Purchase Expenses
Property price
158,500€
Transfer tax 10%
15,850€
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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