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Ref: TV380
Property marketed by Estate Agents Pérez-Oglietti
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Spacious town house in the center of Torrox Pueblo. 196M2 divided into 3 floors + terrace. On the ground floor there is a large commercial premises with façade towards the street; on the first floor we find 2 living rooms and one of them with open kitchen; On the second floor there are 3 bedrooms and a bathroom and on the top floor there is a room and a terrace with views towards the sea and towards the village. The house is located in one of the busiest streets of the town, a few meters from the Plaza de la Constitución. Ideal to open your own business and be able to live on the top floors or turn it into a B & B. There is an elevator from the ground floor to the terrace. Don't miss this opportunity!!
Property Features
- 3 bedrooms
- 1 bathroom
- 196m² Build size
- Sun/facing : South
- Views : Beach/sea
- Roof access
- 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%
19,000€
Final Payment of 90% on completion
198,000€
Property Purchase Expenses
Property price
220,000€
Transfer tax 10%
22,000€
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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