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Ref: TTH449
Property marketed by Competa Properties S.L.
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This is one of our traditional townhouses located in a quiet and charming area of the historic town of Torrox, the main square, the health center, banks and shops are just a five minute walk away. Very close to the house there is a parking area.
The house has great potential to be renovated to suit the new owner. The house is composed on the main floor of an entrance room with a toilet, kitchen, living room and family bathroom. On this same floor, the back side offers a garden. The first floor has two double bedrooms, one of them with balcony and access to the upper floor consisting of a laundry area, a toilet and a good size terrace.
Because of its location this property after being refurbished can be converted into a cozy place to live all year round.
The house has great potential to be renovated to suit the new owner. The house is composed on the main floor of an entrance room with a toilet, kitchen, living room and family bathroom. On this same floor, the back side offers a garden. The first floor has two double bedrooms, one of them with balcony and access to the upper floor consisting of a laundry area, a toilet and a good size terrace.
Because of its location this property after being refurbished can be converted into a cozy place to live all year round.
Property Features
- 2 bedrooms
- 1 bathroom
- 113m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,900€
Final Payment of 90% on completion
116,100€
Property Purchase Expenses
Property price
129,000€
Transfer tax 10%
12,900€
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.
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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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