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Nestled in one of the most iconic streets of Torrox, this property is just a few minutes' walk from the bustling main square of this picturesque white village. The house spans two levels and boasts a generous 284m² of space, featuring 5 bedrooms and 2 bathrooms. With its west-facing orientation, this property is an ideal project for those seeking to create a stunning townhouse in a prime location.
Convenience is at your doorstep, with supermarkets, shops, and bars within easy walking distance. The main square, just a 3-minute stroll away, offers vibrant local life and is conveniently located across from the health centre. Public parking is available nearby, and the beautiful beaches of Torrox Costa are a mere 4 kilometers away, easily accessible by bus from a nearby stop, saving you the hassle of finding parking. For those traveling further afield, Malaga and its airport are less than a 45-minute drive.
This is a fantastic opportunity to invest in a property with great potential. Contact us today for more information or to schedule a visit!
Property Features
- 5 bedrooms
- 2 bathrooms
- 284m² Plot size
Costing Breakdown
* 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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Mortgage Result
* 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.
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.