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Ref: TV343
Property marketed by Estate Agents Pérez-Oglietti
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Country house 15 minutes from Torrox Pueblo, in the area of Pago del Río. 90M2 + 2.600M2 plot + old farmhouse to restore. The main house consists of 3 bedrooms, living room with fireplace and open kitchen, a bathroom and large terrace facing East and morning sun. 3.712M2 where you can plant the trees you want, it also has the old farmhouse that can be restored and make a guest house. A 15 minute drive from Torrox Pueblo, access via a well-maintained dirt track. Water and electricity are available. It offers many possibilities and for little money it can be modernized and turned into an ideal place to live or spend an idyllic vacation.
Property Features
- 3 bedrooms
- 1 bathroom
- 90m² Build size
- Swimming Pool
- Parking : 2 P.Spots
- Garden : Yes
- Swimming pool : Yes
- Sun/facing : East
- Petfriendly : Yes
- Terrace/balcony
- Washing machine
- Built-in kitchen
- Fridge
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
18,000€
Final Payment of 90% on completion
189,000€
Property Purchase Expenses
Property price
210,000€
Transfer tax 10%
21,000€
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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