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Ref: TTH620
Property marketed by Competa Properties S.L.
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For sale this wonderful development of 3 detached villas with 2, 3 and 4 bedrooms in the area of El Peñoncillo, Torrox Costa. Located in a newly built urbanization with beautiful surroundings, lighting and pavements and just a few minutes’ drive from the wonderful beaches of the Costa del Sol.
There are 3 properties available and prices range from 459.000 - 489.000€ plus VAT. The properties are built to the highest standards and are divided into a garage, ground floor and first floor.
This is a unique opportunity to acquire a brand new property with breathtaking panoramic views of the Mediterranean Sea and the mountains in one of the most beautiful areas of the Costa del Sol. Do not hesitate to contact us for more information and book your viewing now!
There are 3 properties available and prices range from 459.000 - 489.000€ plus VAT. The properties are built to the highest standards and are divided into a garage, ground floor and first floor.
This is a unique opportunity to acquire a brand new property with breathtaking panoramic views of the Mediterranean Sea and the mountains in one of the most beautiful areas of the Costa del Sol. Do not hesitate to contact us for more information and book your viewing now!
Property Features
- 3 bedrooms
- 1 bathroom
- 80m² Build size
- 150m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
42,900€
Final Payment of 90% on completion
413,100€
Property Purchase Expenses
Property price
459,000€
Transfer tax 10%
45,900€
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.