Torremolinos, Málaga
Price 175.000 €
Renovated studio converted into a one bedroom apartment in Torremolinos, an attractive option for both living and investment
The property offers 40 sqm of built area and is located on a third floor, very close to the bus station, in good condition and ready to move into
The layout is practical and well designed, featuring one bedroom with a large fitted wardrobe, living area with an additional fitted wardrobe, a spacious kitchen, and a good sized bathroom with shower
The building benefits from two lifts and access adapted for people with reduced mobility, ensuring comfort and accessibility
Very convenient location close to the town centre, shops, medical centre, schools, and just 800 metres from the beach
Community fees of 60 € per month, including water consumption
Reduced property tax of 37 € for registered residents or pensioners
Standard property tax of 215 € otherwise
A well located and functional property, ideal as a main residence, holiday home, or high demand rental investment
Please contact Nordic Light Estates to arrange a viewing or for more information.
This property has reference number: NL202961
In accordance with the provisions of Article 20.1 of the TRLDCU, the price of the property WILL BE INCREASED by the following amounts:
TAXES PAYABLE BY THE BUYER
In the case of VAT at the current rate of 10% (Law 37/1992, of December 28, on Value Added Tax).
In the case of Property Transfer Tax (ITP), calculated on the higher value between the sale price or the cadastral reference value, ranging between 3.5% and 7% depending on the buyer’s circumstances, all in accordance with Royal Legislative Decree 1/1993, of September 24, approving the Revised Text of the Law on Property Transfer Tax and Stamp Duty.
NOTARY AND LAND REGISTRY: These are fees subject to official tariffs; however, the estimated cost may be around €1,500 for the notary and €500 for the land registry (Royal Decree 1426/1989, of November 17, approving the Notaries’ Fee Schedule, and Royal Decree 1427/1989, of November 17, approving the Property Registrars’ Fee Schedule, respectively).
IF BANK FINANCING IS REQUIRED: The amount of any additional expenses must be agreed upon with the financial institution.
Energy qualification certificate pending.
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