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Ref: TP114
Property marketed by Competa Properties S.L.
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Country plot in the Barranco del Puerto area, Torrox, with 11,750 m2 of land. It is sold with the right to 2 hours of water, equivalent to 2,700 liters per week. The land is accessed via a rural road in good condition. From the land there are views of the sea and the town of Nerja and the mountains. This land borders another plot with the same owner, with the reference TP113, so you could buy both for a larger plot. This land faces south with panoramic views over the Mediterranean Sea and the coasts of Nerja and Torrox. Pemission to build a 24 sq m agricultural shed can be obtained.
Property Features
- 0 bedrooms
- 0 bathrooms
- 11,750m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,300€
Final Payment of 90% on completion
128,700€
Property Purchase Expenses
Property price
143,000€
Transfer tax 10%
14,300€
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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