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Ref: TTH663
Property marketed by Competa Properties S.L.
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This charming townhouse, nestled close to the heart of Torrox, offers the perfect balance of comfort and convenience. Located just a two-minute stroll from the main square, it places you within easy reach of shops, restaurants, and all the essentials for daily life.
The property spans multiple levels and includes two cozy bedrooms, a bathroom, a functional kitchen, and a dedicated laundry area. One of its highlights is a lovely terrace, ideal for unwinding while soaking in the serene mountain views. With some renovation, this townhouse has the potential to be transformed into a delightful holiday retreat or an attractive rental investment.
Don’t miss the opportunity to learn more or arrange a viewing!
The property spans multiple levels and includes two cozy bedrooms, a bathroom, a functional kitchen, and a dedicated laundry area. One of its highlights is a lovely terrace, ideal for unwinding while soaking in the serene mountain views. With some renovation, this townhouse has the potential to be transformed into a delightful holiday retreat or an attractive rental investment.
Don’t miss the opportunity to learn more or arrange a viewing!
Property Features
- 2 bedrooms
- 1 bathroom
- 55m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,200€
Final Payment of 90% on completion
64,800€
Property Purchase Expenses
Property price
72,000€
Transfer tax 10%
7,200€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.