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Ref: CP516
Property marketed by Competa Properties S.L.
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Discover this stunning authentic Finca between Frigiliana and Torrox, just 15 minutes from the beaches of Torrox. With panoramic views of the Sierras and the Mediterranean Sea, this 5.500m² property offers a main house, original finca with yoga studio, guest house, wine cellar, fish pond and swimming pool. Original features such as antique tiles, fireplaces and wooden doors have been preserved. Main house (316m²) has large living room, kitchen, office, winter garden, 3 bedrooms and sauna. Original finca (181m²) includes yoga studio, living room, kitchen and 3 bedrooms. Separate guest house, wine cellar and gardens with olive and almond trees. Amenities include internet, electricity, solar panels and 160,000 litre water deposit. A unique property with rustic ambience and income potential, a jewel to be discovered
Property Features
- 7 bedrooms
- 5 bathrooms
- 523m² Build size
- 5,514m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
85,000€
Final Payment of 90% on completion
792,000€
Property Purchase Expenses
Property price
880,000€
Transfer tax 10%
88,000€
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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