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Property marketed by Competa Properties S.L.
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A splendid urban plot of land with possibility to build in Torrox-Costa. It is located in a lovely and tranquil urbanization with great surroundings, lighting and pavements.
The property offers a total of 444m2 and the possibility to construct your dream home in this ideal location which is just a 5 minute drive down to the coast. It has spectacular panoramic sea views and due to its great orientation you can benefit from a lot of sun throughout the whole day.
Cómpeta Properties can help you find an architect and design the house to your personal taste. Do not hesitate to contact us for more information!
The property offers a total of 444m2 and the possibility to construct your dream home in this ideal location which is just a 5 minute drive down to the coast. It has spectacular panoramic sea views and due to its great orientation you can benefit from a lot of sun throughout the whole day.
Cómpeta Properties can help you find an architect and design the house to your personal taste. Do not hesitate to contact us for more information!
Property Features
- 0 bedrooms
- 0 bathrooms
- 444m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,600€
Final Payment of 90% on completion
176,400€
Property Purchase Expenses
Property price
196,000€
Transfer tax 10%
19,600€
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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Spanish Property News & Updates by Spain Property Portal.com
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.