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Ref: NB-V00720
Property marketed by NERJA BEACH PROPERTIES
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FOR SALE DIRECT URBAN PLOT FOR SEMI-DETACHED HOUSE AREA EL PEÑONCILLO TORROX COSTA WITH PANORAMIC SEA VIEWS. 700m FROM THE BEACH. SURFACE 179M2 7M FAÇADE X 25.6M DEPTH SOUTH FACING BUILDABILITY 88m2 ON TWO FLOORS + NON-COMPUTABLE GARAGE AT STREET LEVEL. FOR SALE DIRECT URBAN PLOT FOR SEMI-DETACHED HOUSE EL PEÑONCILLO AREA TORROX COSTA WITH PANORAMIC SEA VIEWS. 700m FROM THE BEACH. AREA 179M27M FACADE X 25.6M DEPTH SOUTH ORIENTATION BUILDING ABILITY 88m2 ON TWO FLOORS + NOT COMPUTABLE GARAGE AT STREET LEVEL. PRICE: 63.000€ +21% VAT
Property Features
- 0 bedrooms
- 0 bathrooms
- 90m² Build size
- 180m² Plot size
- 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%
4,500€
Final Payment of 90% on completion
67,500€
Property Purchase Expenses
Property price
75,000€
Transfer tax 10%
7,500€
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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Spanish Property News & Updates by Spain Property Portal.com
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.