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Ref: R4992634
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EL PEÑONCILLO - TORROX COSTA - Apartment with 2 bedrooms, 2 bathrooms and large inclose terrace with lateral sea views.
The apartment is situated in FRONT LINE BEACH BUILDING and it consists of a bright open living and dining room area with a fully equipped kitchen and small utility room.
The spacious living-dining room offers access to the large terrace with partial sea and mountains views.
They are two bedrooms, both with built in wardrobes, and two bathrooms, one ensuite.
Located a short walk from Chiringuito, restaurants, supermarkets and local transport.
This property has direct access to El Peñoncillo beach, and a short walk from Torrox Costa Promenade.
The apartment is situated in FRONT LINE BEACH BUILDING and it consists of a bright open living and dining room area with a fully equipped kitchen and small utility room.
The spacious living-dining room offers access to the large terrace with partial sea and mountains views.
They are two bedrooms, both with built in wardrobes, and two bathrooms, one ensuite.
Located a short walk from Chiringuito, restaurants, supermarkets and local transport.
This property has direct access to El Peñoncillo beach, and a short walk from Torrox Costa Promenade.
Property Features
- 2 bedrooms
- 2 bathrooms
- 86m² Build size
- Setting - Town
- Setting - Beachside
- Setting - Close To Shops
- Setting - Close To Sea
- Setting - Urbanisation
- Setting - Front Line Beach Complex
- Condition - Good
- Views - Mountain
- Views - Street
- Features - Covered Terrace
- Features - Lift
- Features - Fitted Wardrobes
- Features - Near Transport
- Features - Private Terrace
- Features - Utility Room
- Features - Ensuite Bathroom
- Features - Marble Flooring
- Furniture - Fully Furnished
- Kitchen - Fully Fitted
- Security - Entry Phone
- Parking - Street
- Utilities - Electricity
- Utilities - Drinkable Water
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,000€
Final Payment of 90% on completion
261,000€
Property Purchase Expenses
Property price
290,000€
Transfer tax 10%
29,000€
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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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.