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Ref: TV431
Property marketed by Estate Agents Pérez-Oglietti
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Small country house to renovate about 6 minutes from the coast in Pago Manzano Bajo, Torrox. 25M2 built but in need of a comprehensive reform, semi-detached, with independent entrance, south orientation and sea views. The property is attached to another house that is completely renovated and in good condition. The house has access to the same door, it is sold with 3 plots that make a total of 13,500M2 currently unexploited. About 6 minutes drive from the coast and the sea. It does not have water or electricity. Ideal for those who are thinking of carrying out a new country living project, although it needs work it can be converted into a cozy and charming place.
Property Features
- 0 bedrooms
- 0 bathrooms
- 25m² Build size
- 13,700m² Plot size
- Garden : Yes
- Sun/facing : South
- Views : Beach/sea
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,490€
Final Payment of 90% on completion
76,410€
Property Purchase Expenses
Property price
84,900€
Transfer tax 10%
8,490€
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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