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Ref: M500092
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TLC RENOVATION NEEDED - Stunning views from this townhouse for sale on the outskirts of Mijas pueblo. This property is set on 3 floors on the lower floor there is a small front patio, massive bedroom and bathroom en suite. The main floor offers an large open plan lounge dining with kitchen and terrace. The higher floor has 2 double bedrooms with balconies and one bathroom. Very bright and sunny, the property needs a bit of TLC. The urbanisation has plenty of parking area.
Property Features
- 3 bedrooms
- 2 bathrooms
- 136m² Build size
- close to schools
- fireplace
- sea views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
18,000€
Final Payment of 90% on completion
189,000€
Property Purchase Expenses
Property price
210,000€
Transfer tax 10%
21,000€
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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Spanish Property News & Updates by Spain Property Portal.com
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.