1 bedroom Villa for sale in Torrox, Málaga, Spain

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Ref: TV463

Property marketed by Estate Agents Pérez-Oglietti

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Nice and cozy town house for sale in the old part of Torrox Pueblo. 48M2 all on one floor, consists of living / dining room with East orientation and morning sun, fully equipped open kitchen, bathroom with shower, 1 bedroom. IT DOES NOT HAVE A TERRACE, but there is a large terrace that is municipal (from the Town Hall) just outside the house where you can enjoy the sun and the landscape. Completely newly refurbished and tastefully furnished, equipped, ready to move into. Located in the old part of the town, in a quiet and pedestrian street with a good neighborhood, near the Plaza de San Roque and 3 minutes walk from the parking lot in Plaza de la Concordia. Very bright and with views of the mountains.

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Property Features

1 bedroom
1 bathroom
48m² Build size
Furnished : Yes
Sun/facing : East
Petfriendly : Yes
Washing machine
Built-in kitchen
Fridge
Microwave oven
Vitroceramic
Closeby : Street/market
Closeby : Restaurants/bars.
Closeby : Drugstore
Closeby : School
Closeby : Shopping ctr.

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

5,990€

Final Payment of 90% on completion

80,910€

Property Purchase Expenses

Property price

89,900€

Transfer tax 10%

8,990€

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.

Mortgage Calculator

Mortgage Amount:

89,900€

Deposit:

€

Interest Rate:

Period:

Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.