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Ref: GMJ2126
Property marketed by InlandVillas Spain
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Large townhouse ideal to divide into two apartments for renting, perfect location. Town House in the heart of Elda, with a large size of 300sqm, on two floors, easily divided into two independent homes, each with their own kitchen, lounge and bedrooms. Ideal investment, large demand for rent and perfect location. There are 3 bedrooms upstairs and 3 bedrooms downstairs, with a total of 3 bathrooms, as well as a balcony, dining room, utility room, office, storage and two electric boilers. Also air conditioning and pellet burner. Mains water, electricity and sewerage.
Property Features
- 6 bedrooms
- 3 bathrooms
- 300m² Build size
- Mains Electric
- Mains Water
- Air Conditioning
- Fireplace - Log Burner
- White Goods
- Partially Furnished
- Mains Sewerage
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
15,000€
Final Payment of 90% on completion
161,996€
Property Purchase Expenses
Property price
179,995€
Transfer tax 8%
14,400€
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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