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Ref: SCC8-52271
Property marketed by NERJA BEACH PROPERTIES
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Land with implement for sale in Torrox. Land of about 300 meters with implement of 28M2 less than 30 meters from the village (it is practically in the village, but it is considered rustic). South facing with sea views. The implement is to be renovated and the water and electricity of the village have to be installed, but it can be converted into a nice village house next to the village. On the plot you can make a garden, it is a bit sloping.
Property Features
- 0 bedrooms
- 0 bathrooms
- 30m² Build size
- Garden : Yes
- Sun/facing : South
- Views : Beach/sea
- 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%
3,600€
Final Payment of 90% on completion
59,400€
Property Purchase Expenses
Property price
66,000€
Transfer tax 10%
6,600€
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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