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Ref: TCP206
Property marketed by Competa Properties S.L.
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Rural plot in the Caserones area, 7 km from the center of Torrox to finish building a 24 m2 farm building, with permission already granted.
The plot has 2,021 m2 and the work has already begun: This includes a 70,000 liter water tank, an unfinished 70 m2 basement, under the future terrace of the farm building, with countryside and sea views
There is a base already prepared to build: The farm building of 24 m2, its front terrace of 70 m2 and a backyard of another 24 m2.
The shared access from the Camino de los Caserones is made of cement, the Camino de los Caserones country lane is accessible with a normal car.
Building work to finish: Build the 24 sq m farm building itself, finish the retaining walls, tile the terrace and back patio and put in an above-ground pool, all of which is estimated to cost approx. €80,000
The land has some olive trees.
Perfect project for a builder or DIY addict!
The plot has 2,021 m2 and the work has already begun: This includes a 70,000 liter water tank, an unfinished 70 m2 basement, under the future terrace of the farm building, with countryside and sea views
There is a base already prepared to build: The farm building of 24 m2, its front terrace of 70 m2 and a backyard of another 24 m2.
The shared access from the Camino de los Caserones is made of cement, the Camino de los Caserones country lane is accessible with a normal car.
Building work to finish: Build the 24 sq m farm building itself, finish the retaining walls, tile the terrace and back patio and put in an above-ground pool, all of which is estimated to cost approx. €80,000
The land has some olive trees.
Perfect project for a builder or DIY addict!
Property Features
- 0 bedrooms
- 0 bathrooms
- 2,021m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,000€
Final Payment of 90% on completion
99,000€
Property Purchase Expenses
Property price
110,000€
Transfer tax 10%
11,000€
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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