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Ref: TV446
Property marketed by Estate Agents Pérez-Oglietti
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Beautiful apartment for sale on the beachfront in El Peñoncillo, Torrox Costa. Ground floor, consists of an open kitchen fully furnished and equipped, 2 bedrooms with fitted wardrobes, 2 bathrooms (one of the bathrooms are en suite in the master bedroom), covered terrace and also a large storage room. The apartment was completely refurbished with top quality materials, with laminate flooring on all floors, windows with double glazed glass, central air conditioning and contemporary style furniture creating a warm and welcoming atmosphere. Less than 20 meters from the seashore, facing east and with morning sun. An ideal place to spend an idyllic holiday or an excellent investment to exploit it as a tourist rental.
Property Features
- 2 bedrooms
- 2 bathrooms
- 75m² Build size
- Furnished : Yes
- Sun/facing : East
- Terrace/balcony
- Wardrobe/closet
- Washing machine
- Built-in kitchen
- Fridge
- Microwave oven
- Vitroceramic
- Dishwasher
- Oven
- Closeby : Street/market
- Closeby : Restaurants/bars.
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
22,900€
Final Payment of 90% on completion
233,100€
Property Purchase Expenses
Property price
259,000€
Transfer tax 10%
25,900€
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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