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Ref: TV429
Property marketed by Estate Agents Pérez-Oglietti
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Town house to be renovated in Torrox Village close to the center. Divided into 3 floors, with entrance, living room and kitchen on the ground floor; 2 bedrooms on the first floor (to access the second bedroom you need to go through the master bedroom); a utility room that can be used as a third bedroom or living room, large bathroom and sunny terrace on the second floor. Located in a quiet village street, with good access and close to a public car park and about 3 minutes walk from the town centre. The house needs renovation (the ceilings have been recently renovated), but it can be converted into a nice home or an ideal place to spend your holidays. Do not hesitate and come and visit it, it has great potential!
Property Features
- View Video Tour
- 2 bedrooms
- 1 bathroom
- 60m² Build size
- Sun/facing : East
- Views : City/town
- Roof access
- Terrace/balcony
- Closeby : Street/market
- Closeby : Restaurants/bars.
- Closeby : Drugstore
- Closeby : School
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
3,600€
Final Payment of 90% on completion
59,400€
Property Purchase Expenses
Property price
66,000€
Transfer tax 10%
6,600€
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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