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Ref: TP092
Property marketed by Competa Properties S.L.
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Rustic plot located in Torrox Costa with a total area of about 3,800m2.
The plot has good access, just 5 minutes from the coast.
It has a water tank with a capacity of 400,000 L and has water from the irrigation community. Electricity can be easily connected.
Given its location it can be a great investment.
The plot has good access, just 5 minutes from the coast.
It has a water tank with a capacity of 400,000 L and has water from the irrigation community. Electricity can be easily connected.
Given its location it can be a great investment.
Property Features
- 0 bedrooms
- 0 bathrooms
- 3,800m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,700€
Final Payment of 90% on completion
78,300€
Property Purchase Expenses
Property price
87,000€
Transfer tax 10%
8,700€
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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