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Ref: TV469
Property marketed by Estate Agents Pérez-Oglietti

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Spacious apartment for sale in the heart of Torrox Pueblo. 75M2, consists of a spacious living room with access to a sunny terrace facing East, morning sun and panoramic views of the mountains, independent kitchen, 3 bedrooms and family bathroom. Located on the ground floor and easily accessible from the street, with elevator. In good condition. Very central, with all kinds of businesses and services around, such as pharmacy, bus stop, medical center, etc.
Property Features
- View Video Tour
- 3 bedrooms
- 1 bathroom
- 75m² Build size
- Sun/facing : East
- Terrace/balcony
- Washing machine
- Built-in kitchen
- Fridge
- Vitroceramic
- Oven
- 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%
19,500€
Final Payment of 90% on completion
202,500€
Property Purchase Expenses
Property price
225,000€
Transfer tax 10%
22,500€
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.