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Ref: SV3998
Property marketed by Signature Villas SL
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Spacious corner town house for sale in Tormos. It is a large house of 263 sq meters built. The house needs a complete reform, but has many possibilities due to its spaciousness and the large courtyard. It currently consists of two floors. The ground floor is distributed in a spacious entrance hall, a spacious livingdining room with fireplace, two bedrooms, a living room, a kitchen, a bathroom and a large patio with laundry room and storage room. On this same level there is a twostorey warehouse and backyard that could be converted into a separate apartment with private courtyard. On the upper floor there are two bedrooms and the rest of the floor is undistributed. From here you can access a small sun terrace overlooking the valley.
Property Features
- 3 bedrooms
- 1 bathroom
- Near Beach
- Close To Golf
- newly built
- close to all amenities
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,000€
Final Payment of 90% on completion
90,000€
Property Purchase Expenses
Property price
100,000€
Transfer tax 8%
8,000€
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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