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Ref: TTH349
Property marketed by Competa Properties S.L.
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Central town house just 100 meters from the main square, town hall, bars and shops of Torrox.
The house on one floor has a living room, a double bedroom, a dining room, a bathroom with shower and a good size kitchen.
The best of the house, the location!
The house on one floor has a living room, a double bedroom, a dining room, a bathroom with shower and a good size kitchen.
The best of the house, the location!
Property Features
- 1 bedroom
- 1 bathroom
- 42m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
3,800€
Final Payment of 90% on completion
61,200€
Property Purchase Expenses
Property price
68,000€
Transfer tax 10%
6,800€
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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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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.