3 bedroom Villa for sale in Torrox, Málaga, Spain

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Ref: TV417

Property marketed by Estate Agents Pérez-Oglietti

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Town house to renovate in Torrox Pueblo. All on the ground floor, consists of living room, kitchen, 1 bathroom, 3 bedrooms (access to the third bedroom is through one of the bedrooms) and a patio with laundry room. It does not have a terrace, but it can be done above the bedrooms. In need of a comprehensive refurbishment, the house is sold with a building licence to refurbish it, approved and paid for and with distribution plans for the new project. Located in a quiet street of the village, pedestrian, a few meters from a public parking and 4 minutes walk from the center of the town.

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Property Features

3 bedrooms
1 bathroom
92m² Build size
Sun/facing : East
Private patio
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%

5,900€

Final Payment of 90% on completion

80,100€

Property Purchase Expenses

Property price

89,000€

Transfer tax 10%

8,900€

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.

Mortgage Calculator

Mortgage Amount:

89,000€

Deposit:

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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

Spanish Property News & Updates by Spain Property Portal.com

Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.