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Ref: TP126
Property marketed by Competa Properties S.L.
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Magnificent urban plot between the white villages of Torrox and Nerja, also just 5 minutes drive from the beaches of the Costa del Sol. It is located in a newly built urbanization with nice surroundings, lighting and pavement and also with green areas. There are 2 plots to choose from, one with 554,98m2 and the other with 581,61 m2 and are in the ideal place to build your dream home.
Do not hesitate to contact us for more information and to book your visit!
Do not hesitate to contact us for more information and to book your visit!
Property Features
- 0 bedrooms
- 0 bathrooms
- 555m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,900€
Final Payment of 90% on completion
125,100€
Property Purchase Expenses
Property price
139,000€
Transfer tax 10%
13,900€
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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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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.