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Ref: TTH076
Property marketed by Competa Properties S.L.
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This fabulous property is within 3 min walking distance of the main square of the white town Torrox, with shops, restaurants and local market very close by. The primary school, children´s park and the local health center are also just a few minutes away.
This antique townhouse offers the rare opportunity to purchase a property with an interior distribution that would perfectly suit a B&B! Or it could be turned into a shared/leased property as well. The entire house has an abundance of traditional Andalusian features such as wooden doors and windows, kitchens, antique floor tiles, antique window bars and much more. In addition several of the rooms have attractive Juliet style balconies. And at the top of each stairway is a landing with beautiful wooden double doors inviting you in to the next rooms. So with a very gentle and respectful refurbishment of the entire property, the new owner will possess a unique jewel.
The property consists of a three-story house with a large roof terrace, with views to the sea, the new restored central town church, main square and village streets. There is currently one bathroom centrally situated at ground level.
An absolutely beautiful and centrally located property which, with careful restoration with attention to all its original features, could be turned into a very successful B&B or a delightful home for a large family or into a shared house for several families.
The property can also be considered as a good investment object to be reformed to create several apartments with successful letting potential. Must be seen to be fully appreciated!.
This antique townhouse offers the rare opportunity to purchase a property with an interior distribution that would perfectly suit a B&B! Or it could be turned into a shared/leased property as well. The entire house has an abundance of traditional Andalusian features such as wooden doors and windows, kitchens, antique floor tiles, antique window bars and much more. In addition several of the rooms have attractive Juliet style balconies. And at the top of each stairway is a landing with beautiful wooden double doors inviting you in to the next rooms. So with a very gentle and respectful refurbishment of the entire property, the new owner will possess a unique jewel.
The property consists of a three-story house with a large roof terrace, with views to the sea, the new restored central town church, main square and village streets. There is currently one bathroom centrally situated at ground level.
An absolutely beautiful and centrally located property which, with careful restoration with attention to all its original features, could be turned into a very successful B&B or a delightful home for a large family or into a shared house for several families.
The property can also be considered as a good investment object to be reformed to create several apartments with successful letting potential. Must be seen to be fully appreciated!.
Property Features
- 10+ bedrooms
- 1 bathroom
- 224m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,900€
Final Payment of 90% on completion
143,100€
Property Purchase Expenses
Property price
159,000€
Transfer tax 10%
15,900€
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.
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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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