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NEW PRICE!!LOCATED IN THE POPULAR TOWN OF RUTE LESS THAN AN HOUR FROM MALAGA AND NEXT TO IZNAJAR WITH ITS STUNNING LAKE THIS PROPERTY IS GREAT VALUE FOR MONEY.
The property sits over 150m2 and is unique as it has access via the front and to the rear as it is a corner property. One entering you come into a lounge of good size then a passageway leads off into a kitchen which would benefit from updating. It is currently in the traditional Andalucian style and has lovely ceiling beams. There is access from here to the rear patios which are very unique as they are of a cave style with a cave room off it and a bathroom. Along with a traditional patio area there is also access from the side street to a higher patio/terrace with storage this could be turned into a garage.
Also on the ground floor is a bedroom of good size then stairs lead up to the first floor. There is a bedroom to the right front facing with a balcony and to the left another bedroom with a second room off it - ideal for a dressing room or an ensuite.
This property is in need of some updating however nothing major or structural and is reflected in the price. It is an ideal holiday home or for full time living in a very popular location.
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
The property sits over 150m2 and is unique as it has access via the front and to the rear as it is a corner property. One entering you come into a lounge of good size then a passageway leads off into a kitchen which would benefit from updating. It is currently in the traditional Andalucian style and has lovely ceiling beams. There is access from here to the rear patios which are very unique as they are of a cave style with a cave room off it and a bathroom. Along with a traditional patio area there is also access from the side street to a higher patio/terrace with storage this could be turned into a garage.
Also on the ground floor is a bedroom of good size then stairs lead up to the first floor. There is a bedroom to the right front facing with a balcony and to the left another bedroom with a second room off it - ideal for a dressing room or an ensuite.
This property is in need of some updating however nothing major or structural and is reflected in the price. It is an ideal holiday home or for full time living in a very popular location.
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
- 3 bedrooms
- 1 bathroom
- 150m² Plot size
- shops
- schools
- Close to shops
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
700€
Final Payment of 90% on completion
33,300€
Property Purchase Expenses
Property price
37,000€
Transfer tax 10%
3,700€
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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