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Property marketed by Competa Properties S.L.
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2,800 sq m plot of land in the Montealegre area to the North of Torrox, with easy Access. Approx 8 Kms or 19 minutes from the centre of Torrox
The land has been excavated to provide a flat plateau of approx. 200 sq m by the prívate well amd the 700 liter wáter deposit where you can build an apero house in a cool position, perfect to get away from the heat in the summer. It has electricity for the well’s pump.
It has beautiful mountain views, above all of the Maroma mountain but also you can see the Cerro Lucero from here. The beaches at Toprrox Costa, part of teh Costa del Sol are a mere 30 minutes drive away.
The land has been excavated to provide a flat plateau of approx. 200 sq m by the prívate well amd the 700 liter wáter deposit where you can build an apero house in a cool position, perfect to get away from the heat in the summer. It has electricity for the well’s pump.
It has beautiful mountain views, above all of the Maroma mountain but also you can see the Cerro Lucero from here. The beaches at Toprrox Costa, part of teh Costa del Sol are a mere 30 minutes drive away.
Property Features
- 0 bedrooms
- 0 bathrooms
- 2,800m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,200€
Final Payment of 90% on completion
37,800€
Property Purchase Expenses
Property price
42,000€
Transfer tax 10%
4,200€
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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