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Ref: TP133
Property marketed by Competa Properties S.L.
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Set of rustic plots located in a nice and quiet area of Torrox, a short distance from the beaches of the Costa del Sol, presents a unique opportunity to invest in Spain.
With a good asphalted access, two plots are sold together, which are mainly planted with fruit trees such as mangos and avocados in production. In total both plots are 5.114m2, and within them there is a constructed deposit that supplies irrigation to all the trees. It is estimated approximately 200 trees, and the land is in perfect condition with easy accessibility.
In addition, with unbeatable views of the beaches of Torrox Costa, this plot offers many possibilities for both country lovers and those looking for a rustic plot just 10 minutes drive from the beach.
Water is supplied in different ways and the plot is in production and with automatic irrigation installed.
With a good asphalted access, two plots are sold together, which are mainly planted with fruit trees such as mangos and avocados in production. In total both plots are 5.114m2, and within them there is a constructed deposit that supplies irrigation to all the trees. It is estimated approximately 200 trees, and the land is in perfect condition with easy accessibility.
In addition, with unbeatable views of the beaches of Torrox Costa, this plot offers many possibilities for both country lovers and those looking for a rustic plot just 10 minutes drive from the beach.
Water is supplied in different ways and the plot is in production and with automatic irrigation installed.
Property Features
- 0 bedrooms
- 0 bathrooms
- 5,114m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
2,800€
Final Payment of 90% on completion
52,200€
Property Purchase Expenses
Property price
58,000€
Transfer tax 10%
5,800€
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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