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Ref: TCP213
Property marketed by Competa Properties S.L.
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Beautiful country property of 108 m2 a few minutes from the center of Torrox. It consists of 3 large bedrooms, a bathroom, living room and open kitchen. Large porch and terrace around the private pool and an outdoor kitchen. There is also an unfinished 24 m2 storeroom on the plot (can be used as more living space).
The 4,000m2 land has many fruit trees with automatic irrigation: Avocados (300), Mangoes (100), and others with a production of about 3,000 Kilos of fruit per year.
Easy access, this house could be dedicated to vacation rentals in addition to giving a good yield from fruit crops. A smart investment with many advantages.
The 4,000m2 land has many fruit trees with automatic irrigation: Avocados (300), Mangoes (100), and others with a production of about 3,000 Kilos of fruit per year.
Easy access, this house could be dedicated to vacation rentals in addition to giving a good yield from fruit crops. A smart investment with many advantages.
Property Features
- 3 bedrooms
- 1 bathroom
- 108m² Build size
- 4,000m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
37,000€
Final Payment of 90% on completion
360,000€
Property Purchase Expenses
Property price
400,000€
Transfer tax 10%
40,000€
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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