Land for sale

Land for sale

Torrox, Málaga
60,000
 
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
  • Land for sale
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Ref: P145
Property marketed by Competa Properties S.L. Competa Properties S.L.
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This plot is set in a peaceful valley in the municipality of Torrox not far from the main road with very good access. The village of Torrox and the beaches are only a 15 minutes drive away and Málaga international airport is approximately 50 minutes by car.
This is a opportunity to purchase a plot of approximately 7,000 m2 together with an old cortijo (farmhouse) measuring approximately 20 m2. This offers the possibility of reforming/replacing the existing building.
From the site there are views of the surrounding countryside, the beautiful mountains of the Sierras and the Mediterranean.
There is a private water supply and electricity can be connected easily.

Property Features

  • 0 bedrooms
  • 0 bathrooms
  • 20m² Build size
  • 7,000m² Plot size

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
3,000€
Final Payment of 90% on completion
54,000€
 
Property Purchase Expenses
Property price
60,000€
Transfer tax 10%
6,000€
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.

Mortgage Calculator

Mortgage Amount:
60,000€
Deposit:
Interest Rate:
%
Period:
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

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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