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Ref: SD31-58048
Property marketed by David Santiago Inmobiliaria

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UNIQUE OPPORTUNITY APARTMENT FOR SALE IN EL MORCHE FOR €171,000 Beautiful and bright apartment for sale in El Morche, one of the most sought-after areas of the Costa del Sol. Located just a minute's walk from Playa de las Dunas, this apartment is perfect both as a permanent home and as an investment, thanks to its excellent location and features. Characteristics of the house: Surface: 50M2 Bedrooms: 1 bright and spacious bedroom with space for a built-in wardrobe Bathroom: 1 full bathroom with modern finishes Living-dining room: Spacious and with balcony Cuisine: to your liking Parking space included in the price, with the possibility of purchasing more spaces if necessary Recently built building, with good maintenance and elevator Location and surroundings: El Morche is a coastal town belonging to Torrox, famous for its privileged climate and its beaches with calm waters and fine sand. Playa de las Dunas, just a 1-minute walk away, is one of the most valued for its natural beauty and protected environment. In addition, the apartment is close to all essential services, such as supermarkets, restaurants, pharmacies and public transport, ensuring comfort and quality of life. Investment Opportunity: This apartment represents an excellent opportunity for investors, as its strategic location and characteristics make it in high demand for both holiday rentals and long-term rentals. Its proximity to the beach, the parking space and the solarium terrace with sea views are great attractions for those looking for a property on the Costa del Costa.
Property Features
- 1 bedroom
- 1 bathroom
- 50m² Build size
- 50m² Plot size
- Parking : YES
- Private patio
- Community yard
- Terrace/balcony
- Wardrobe/closet
- Cable/Sat-tv
- Washing machine
- Drying machine
- Steam/sauna
- Jacuzzi
- Vitroceramic
- Dishwasher
- Oven
- Minibar
- Coffeemaker
- Toaster
- Closeby : Street/market
- Closeby : Restaurants/bars.
- Closeby : Drugstore
- Closeby : School
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,100€
Final Payment of 90% on completion
153,900€
Property Purchase Expenses
Property price
171,000€
Transfer tax 10%
17,100€
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.