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Ref: TCP140
Property marketed by Competa Properties S.L.
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This is one of our fantastic country proeprties, situated near Torrox, this country property offers superb panoramic views to the impressive mountains, the surrounding countryside and the Mediterranean Sea. The property is about 20 minutes driving from the coast, and with a distance of approx. 10 km from the village of Torrox.
The house of about 74m² built space on a plot of approx. 1414 m², it offers 6 rooms and is in need of refurbishment. The property presents great potential to become a charming traditional style but spacious Andalusian Finca.
It has currently no water or electricity connected but there is the possibility to have this done and also to extend the plot.
A great finca for someone looking for the authentic Andalusian feel, with stunning views and with a lot of private land around for privacy and to realize their own dreams and wishes.
The house of about 74m² built space on a plot of approx. 1414 m², it offers 6 rooms and is in need of refurbishment. The property presents great potential to become a charming traditional style but spacious Andalusian Finca.
It has currently no water or electricity connected but there is the possibility to have this done and also to extend the plot.
A great finca for someone looking for the authentic Andalusian feel, with stunning views and with a lot of private land around for privacy and to realize their own dreams and wishes.
Property Features
- 0 bedrooms
- 0 bathrooms
- 74m² Build size
- 1,414m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,750€
Final Payment of 90% on completion
96,750€
Property Purchase Expenses
Property price
107,500€
Transfer tax 10%
10,750€
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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