Townhouse for sale

Townhouse for sale

Torrox, Málaga
49,000
 
  • Townhouse for sale
  • Townhouse for sale
  • Townhouse for sale
  • Townhouse for sale
  • Townhouse for sale
  • Townhouse for sale
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Ref: TTH584
Property marketed by Competa Properties S.L. Competa Properties S.L.
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Traditional townhouse located in Torrox, just a few minutes walk from the main square of the village and very close to supermarkets and amenities. This townhouse is an economical option for those people looking to renovate a well located property, as well as a second home or even as a rental investment.

Located several meters from a free parking area, this townhouse has good access through a flat street that leads to the house. This house consists of 2 floors. A typical door leads to the ground floor, where there is a small living room and what was a small kitchen. In addition, this room has a window that allows the passage of air and light. A staircase leads to the first floor of the house, which is a bedroom with window and sea views.

Undoubtedly, this property is a good option to reform, either to live in, as a rental investment, or as storage. It could be converted into a studio apartment very well located and just a few meters from all amenities. The house is not currently connected to mains electricity and water, although the future owner could connect them.

Property Features

  • 0 bedrooms
  • 0 bathrooms
  • 30m² Build size

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,900€
Final Payment of 90% on completion
44,100€
 
Property Purchase Expenses
Property price
49,000€
Transfer tax 10%
4,900€
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.

Mortgage Calculator

Mortgage Amount:
49,000€
Deposit:
Interest Rate:
%
Period:
Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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