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Ref: TP065
Property marketed by Competa Properties S.L.
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The urban plot borders the urbanization of Torrox Park. An urbanization at the entrance of Torrox, good connection to the highway A-7 (3min), schools, shops and boardwalk are 4 min. Away (2.73km by road - 1.44km in straight line)
Surrounded by nature, on an elevated hill with spectacular views of the Mediterranean sea, mountains and also the town. It has many possibilities for housing of different types: apartments, villas, terraced houses.
The total area of the plot is 26,710m2, with a buildable area of 20%, resulting in 5.342m2 of buildable space. The solar is completely set in UE-1 of the partial plan URP-4 of Torrox and has now the urban classification.
Surrounded by nature, on an elevated hill with spectacular views of the Mediterranean sea, mountains and also the town. It has many possibilities for housing of different types: apartments, villas, terraced houses.
The total area of the plot is 26,710m2, with a buildable area of 20%, resulting in 5.342m2 of buildable space. The solar is completely set in UE-1 of the partial plan URP-4 of Torrox and has now the urban classification.
Property Features
- 0 bedrooms
- 0 bathrooms
- 26,710m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
151,500€
Final Payment of 90% on completion
1,390,500€
Property Purchase Expenses
Property price
1,545,000€
Transfer tax 10%
154,500€
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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