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Ref: TV470
Property marketed by Estate Agents Pérez-Oglietti

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Spacious and cozy apartment for sale in the center of Torrox Pueblo. It consists of a spacious living room, separate kitchen with laundry room, 5 bedrooms, 3 bathrooms (2 of them en suite). It was renovated a few years ago with top quality materials, with central heating / and A/C. Located on the second floor without a lift, in the heart of Torrox Pueblo, surrounded by all kinds of services and shops.
Property Features
- 5 bedrooms
- 3 bathrooms
- 163m² Build size
- Views : City/town
- Built-in kitchen
- Fridge
- Microwave oven
- 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%
21,500€
Final Payment of 90% on completion
220,500€
Property Purchase Expenses
Property price
245,000€
Transfer tax 10%
24,500€
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.