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Ref: TTH080
Property marketed by Competa Properties S.L.
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This lovely and very spacious corner-property is located just 5 min walking distance from the main square in the pretty white village of Torrox. So it is centrally placed and in addition it has very good vehicle access.
The property consists of three levels. The ground level comprises a spacious living room, an entry hall, well-equipped kitchen, one bedroom/office and a small enclosed private patio with entry to a shower room and storage area. Stepping up the marble-paved stairs to the first floor one enters into a hallway which leads off into five bedrooms, one with built in wardrobe, and a bathroom with a bath tub.
On the upper third level are the laundry room and the large terrace. Another terrace could be constructed on the roof of the laundry-area to gain an area with sea views.
The property is in good condition throughout and benefits from well-organized distribution of the many rooms, creating a homely, user-friendly space for a large family.
With its central location and very easy access this property could become a very successful B&B/hotel facility or an absolutely lovely family home for a large family. The option of expanding the property with an additional roof terrace to gain sea view is an added asset.
The property consists of three levels. The ground level comprises a spacious living room, an entry hall, well-equipped kitchen, one bedroom/office and a small enclosed private patio with entry to a shower room and storage area. Stepping up the marble-paved stairs to the first floor one enters into a hallway which leads off into five bedrooms, one with built in wardrobe, and a bathroom with a bath tub.
On the upper third level are the laundry room and the large terrace. Another terrace could be constructed on the roof of the laundry-area to gain an area with sea views.
The property is in good condition throughout and benefits from well-organized distribution of the many rooms, creating a homely, user-friendly space for a large family.
With its central location and very easy access this property could become a very successful B&B/hotel facility or an absolutely lovely family home for a large family. The option of expanding the property with an additional roof terrace to gain sea view is an added asset.
Property Features
- 6 bedrooms
- 2 bathrooms
- 250m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,000€
Final Payment of 90% on completion
198,000€
Property Purchase Expenses
Property price
220,000€
Transfer tax 10%
22,000€
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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