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Ref: TTH022
Property marketed by Competa Properties S.L.
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Situated in a very charming and tranquil part of the lovely village Torrox, this property offers a large and sunny terrace with pretty views over the country side and the surrounding village.
This typical Andalusian townhouse needs some redecoration to take full advantage of its potential.
The living space comprises an entrance lounge, a second living room, a good sized kitchen, 2 double bedrooms, a large shower room, a store room and a second very basic shower room in need of refurbishing. Furthermore the property includes an ample patio and a spacious roof terrace.
This property is situated in a lovely area of Torrox. It can be considered a good opportunity for someone who is willing to invest in a little bit of renovation without having to involve structural work. A charming traditional home at the Costa del Sol, also great for vacations or lettings.
This typical Andalusian townhouse needs some redecoration to take full advantage of its potential.
The living space comprises an entrance lounge, a second living room, a good sized kitchen, 2 double bedrooms, a large shower room, a store room and a second very basic shower room in need of refurbishing. Furthermore the property includes an ample patio and a spacious roof terrace.
This property is situated in a lovely area of Torrox. It can be considered a good opportunity for someone who is willing to invest in a little bit of renovation without having to involve structural work. A charming traditional home at the Costa del Sol, also great for vacations or lettings.
Property Features
- 2 bedrooms
- 2 bathrooms
- 56m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,600€
Final Payment of 90% on completion
86,400€
Property Purchase Expenses
Property price
96,000€
Transfer tax 10%
9,600€
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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