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LOCATED IN THE POPULAR TOWN OF RUTE LESS THAN AN HOUR FROM MALAGA AND NEXT DOOR TO THE STUNNING IZNAJAR WITH ITS LAKE AND BEACH THIS IS A GREAT PROPERTY AT A GREAT PRICE. Located in a quiet street but walking distance to all this Town has to offer it could be lived in straight away. There is an entrance hall with traditional Andalucian wall tiles which leads into a small reception room. Off this reception room there is a rear courtyard with a cloak room. On the ground floor there is also a front facing family lounge, a decent sized dining room with a kitchen off it the kitchen is functional however would benefit from an update. The first floor hosts a fully family bathroom and three bedrooms. There are stairs then up to the second floor where there is an old bedroom, utility room and another bedroom with access to the sunny terrace with views across the rooftops Rute is a larger Town yet unspoilt less than one hour from Malaga and offers a whole host of bars, restaurants and shops, famous for its Jamon and anis along with the Chocolate factory to which people from across Spain travel every year to see the famous nativity scene. Iznajar is right next to Rute and thought to be one of the prettiest white villages in Spain with its stunning lake and beach areas. Please ask us for more information and enjoy the video.
Property Features
- 5 bedrooms
- 2 bathrooms
- shops
- schools
- Close to shops
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
2,100€
Final Payment of 90% on completion
45,900€
Property Purchase Expenses
Property price
51,000€
Transfer tax 10%
5,100€
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.