5 bedroom Villa for sale in Torrox, Málaga, Spain

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Ref: NBP-V00923

Property marketed by NERJA BEACH PROPERTIES

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For sale two houses in Torrox , one renovated house and another to reform. In 2 independent plots you can make 2 agricultural warehouses 160m2, water from the irrigation community 160.000L/month8€ month of waterAbundant waterEcological with Pitaya. Oranges300 avocados and 200 mangoes Dragon fruit greenhouse 500m2 Water Source 2 pools 60,000L each. The first house consists of approximately 500 trees Property 95m23 beds 2 bathrooms Swimming poolCistern Tank 10,000L. Small house 80m2 More self-contained apartment Legal documentation

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Property Features

5 bedrooms
3 bathrooms
200m² Build size
22,800m² Plot size
Swimming Pool
Parking : YES
Furnished : Semi
Garden : Private
Swimming pool : Yes
Sun/facing : Sunny all day
Petfriendly : Yes
Views : Yes
Private patio
Wardrobe/closet
Built-in kitchen

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

46,500€

Final Payment of 90% on completion

445,500€

Property Purchase Expenses

Property price

495,000€

Transfer tax 10%

49,500€

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.

Mortgage Calculator

Mortgage Amount:

495,000€

Deposit:

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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.