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Ref: TP122
Property marketed by Competa Properties S.L.
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This wonderful plot is located in the privileged area of El Peñoncillo (Torrox-Costa), surrounded by green areas and incredible luxury villas.
The plot has 402 m2 with the possibility to build 120m2 of living space plus 80 m2 of basement and offers wonderful views towards the mountains and the Mediterranean Sea. The current owner can provide, if necessary, plans of the house to be built and the buyer can be assisted with the project shown or, if not, the buyer is free to carry out his own project. In addition, a Geotechnical Study has already been carried out, which facilitates the whole process for the potential buyer when acquiring this plot.
This could be a great opportunity to build the house of your dreams, as the plot is situated in a quiet and beautiful urbanization with unbeatable views. Do not hesitate to contact us for more information and to book your viewing!
The plot has 402 m2 with the possibility to build 120m2 of living space plus 80 m2 of basement and offers wonderful views towards the mountains and the Mediterranean Sea. The current owner can provide, if necessary, plans of the house to be built and the buyer can be assisted with the project shown or, if not, the buyer is free to carry out his own project. In addition, a Geotechnical Study has already been carried out, which facilitates the whole process for the potential buyer when acquiring this plot.
This could be a great opportunity to build the house of your dreams, as the plot is situated in a quiet and beautiful urbanization with unbeatable views. Do not hesitate to contact us for more information and to book your viewing!
Property Features
- 0 bedrooms
- 0 bathrooms
- 402m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,000€
Final Payment of 90% on completion
99,000€
Property Purchase Expenses
Property price
110,000€
Transfer tax 10%
11,000€
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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