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Ref: TTH677
Property marketed by Competa Properties S.L.

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Nestled in a prime location in Torrox, this cozy townhouse offers convenience and charm, situated just opposite a free multilevel car park and within walking distance of all local amenities, including shops, restaurants, bars, and the town's vibrant main square. Plus, the stunning beaches of the Costa del Sol are less than a 10-minute drive away.
Upon entering, you’ll find a functional kitchen area, with a staircase leading up to the first floor. Here, a spacious bedroom area and a comfortable living room provide a welcoming retreat. A small staircase leads to the bathroom, which includes a compact bathtub. Continuing upward, you'll reach the private terrace, which features a small laundry area. This outdoor space is perfect for relaxing or dining while enjoying the Mediterranean atmosphere.
Thanks to its excellent location, this property is a fantastic opportunity for those seeking a charming holiday home or a lucrative rental investment.
Upon entering, you’ll find a functional kitchen area, with a staircase leading up to the first floor. Here, a spacious bedroom area and a comfortable living room provide a welcoming retreat. A small staircase leads to the bathroom, which includes a compact bathtub. Continuing upward, you'll reach the private terrace, which features a small laundry area. This outdoor space is perfect for relaxing or dining while enjoying the Mediterranean atmosphere.
Thanks to its excellent location, this property is a fantastic opportunity for those seeking a charming holiday home or a lucrative rental investment.
Property Features
- 1 bedroom
- 1 bathroom
- 40m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,000€
Final Payment of 90% on completion
108,000€
Property Purchase Expenses
Property price
120,000€
Transfer tax 10%
12,000€
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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Spanish Property News & Updates by Spain Property Portal.com
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.