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Ref: TTH407
Property marketed by Competa Properties S.L.
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Situated in the historical center of Torrox, this traditional townhouse, with a little refurbishment, would make a charming, cosy home.
Interior accommodation comprises a living/dining area, on the right of which there is a double bedroom. On the left, a kitchen with access to the family bathroom with storage area.
This property is full of potential and is an ideal opportunity for someone who wishes to invest a little money and renovate to suit their individual requirements. No structural work is necessary , it could be utilised as a permanent residence or holiday home for a couple.
Interior accommodation comprises a living/dining area, on the right of which there is a double bedroom. On the left, a kitchen with access to the family bathroom with storage area.
This property is full of potential and is an ideal opportunity for someone who wishes to invest a little money and renovate to suit their individual requirements. No structural work is necessary , it could be utilised as a permanent residence or holiday home for a couple.
Property Features
- 1 bedroom
- 1 bathroom
- 50m² Build 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.
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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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