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Ref: TTH403
Property marketed by Competa Properties S.L.
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This is one of our cozy townhouses for sale in Torrox, located in a quiet street near the main town square and all the businesses necessary for daily life.
The house has been recently renovated, they have retained the typical style of Andalusian houses, with wooden windows in blue and the facade painted in white.
The interior of the house consists of an equipped kitchen on the ground floor, a bedroom, a bathroom with a bathtub on the first floor and a room plus a living room on the second floor.
It has an upper terrace with a small kitchen.
A good opportunity that you can not miss!.
The house has been recently renovated, they have retained the typical style of Andalusian houses, with wooden windows in blue and the facade painted in white.
The interior of the house consists of an equipped kitchen on the ground floor, a bedroom, a bathroom with a bathtub on the first floor and a room plus a living room on the second floor.
It has an upper terrace with a small kitchen.
A good opportunity that you can not miss!.
Property Features
- 2 bedrooms
- 1 bathroom
- 90m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,500€
Final Payment of 90% on completion
121,500€
Property Purchase Expenses
Property price
135,000€
Transfer tax 10%
13,500€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.