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Ref: TV437
Property marketed by Estate Agents Pérez-Oglietti
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Manor house for sale Torrox, a town in the province of Malaga, considered to be the town with the best climate in Europe.Divided into 3 floors + terrace. The ground floor has 82 M2 and would be ideal as commercial premises although it has currently been divided into several rooms, which would formerly correspond to the living room, kitchen, dining room, a small toilet and a large entrance from which it is accessed from the street; the first floor is 70 meters and in it we find 3 bedrooms and a bathroom room and second floor have 70M2 and there are another 3 bedrooms; on the upper floor there is a spacious terrace of 70M2 with open views of the mountains and the sea. With a total of 6 bedrooms and 2 bathrooms, all rooms are exterior. Located 30 meters from the main town square in an emblematic street that has preserved over the years the flavor and character of the Andalusian village streets, less than 30 meters from the main square of the town and surrounded by all kinds of services such as municipal market, outpatient clinic, supermarkets, restaurants, etc. It needs restoration, especially on the ground floor where the floors are damaged and it is necessary to change them, in the rest of the house the original hydraulic mosaic floors of the nineteenth century and widely used in the bourgeoisie of the time are preserved in good condition, but it can be converted into a spectacular house or a B&B due to its style and strategic location that make it unique and special. Incredible potential!
Property Features
- 7 bedrooms
- 2 bathrooms
- 222m² Build size
- 74m² Plot size
- Sun/facing : East
- Terrace/balcony
- Closeby : Street/market
- Closeby : Restaurants/bars.
- Closeby : Drugstore
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,900€
Final Payment of 90% on completion
152,100€
Property Purchase Expenses
Property price
169,000€
Transfer tax 10%
16,900€
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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