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Villa of 275m2 for sale in Torreblanca, Fuengirola. Renovation obligatory. Consisting of a living room with fireplace, a dining room, 4 bedrooms, 4 bathrooms, 2 kitchens and 3 terraces on 2 levels. Possible to use as 2 separate properties. Garage. Pool. Plot: 1000m2. Mountain and partial sea views. Tranquil area. Good project to build 2 semi-detached villas. Priced as a property, that needs renovation.
Property Features
- 4 bedrooms
- 4 bathrooms
- 374m² Build size
- 1,000m² Plot size
- Swimming Pool
- renovation needed
- quiet location
- fitted kitchen
- fireplace
- beautiful garden
- garden
- terrace
- garage
- pool
- private pool
- unfurnished
- mountain views
- sea views
- store room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
41,000€
Final Payment of 90% on completion
396,000€
Property Purchase Expenses
Property price
440,000€
Transfer tax 10%
44,000€
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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