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Ref: TP118
Property marketed by Competa Properties S.L.
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Interesting country plot in Torrox in the mountain with a room and a water deposit included. This plot consists of approximately 2.400 square meters of land, mainly fruit trees.
The plot is situated in the mountains, about 20 minutes drive from the villages of Torrox and Competa. The advantage of this plot, mainly planted with avocado trees, is that there is a small house on the plot. In addition, a large outside space with barbecue leads to the various terraces where the fruit trees are located. Included in the sale is, in addition to the large water deposit, a water share of an irrigation community, sufficient for the irrigation and cultivation of the existing plantation.
The access to the plot is in good condition and could be an ideal place of weekend getaway, as the small property consists of a small bathroom and living room. It could also be an ideal option for those who would like to take advantage of the benefits of growing fruit trees in production.
The plot is situated in the mountains, about 20 minutes drive from the villages of Torrox and Competa. The advantage of this plot, mainly planted with avocado trees, is that there is a small house on the plot. In addition, a large outside space with barbecue leads to the various terraces where the fruit trees are located. Included in the sale is, in addition to the large water deposit, a water share of an irrigation community, sufficient for the irrigation and cultivation of the existing plantation.
The access to the plot is in good condition and could be an ideal place of weekend getaway, as the small property consists of a small bathroom and living room. It could also be an ideal option for those who would like to take advantage of the benefits of growing fruit trees in production.
Property Features
- 0 bedrooms
- 1 bathroom
- 15m² Build size
- 2,400m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
3,800€
Final Payment of 90% on completion
61,200€
Property Purchase Expenses
Property price
68,000€
Transfer tax 10%
6,800€
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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