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Property marketed by Another Way Of Life S.L.
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This lovely and cosy three bedroom house is situated in a great part of the Albayzin and is close to all amenities, in fact, it's downstairs area is currently used as a shop space.
The property is set out on two floors, with the lower floor (currently being used as the shop and office space) giving access to the street in front via a flight of stairs. This shop has great income potential but could easily be converted into a living area or office space if so desired. There is also a kitchen at this level, which leads out to an enclosed interior patio.
On the upper floor there are three bedrooms (two interior rooms with ample light from the patio and the other with a window facing out to the street) and a family bathroom.
The property is set out on two floors, with the lower floor (currently being used as the shop and office space) giving access to the street in front via a flight of stairs. This shop has great income potential but could easily be converted into a living area or office space if so desired. There is also a kitchen at this level, which leads out to an enclosed interior patio.
On the upper floor there are three bedrooms (two interior rooms with ample light from the patio and the other with a window facing out to the street) and a family bathroom.
Property Features
- 3 bedrooms
- 1 bathroom
- 88m² Build size
- 55m² Plot size
- West Facing
- Just Needs Updating
- Enclosed Patio
- Water - Mains Connection
- Close To All Amenities
- Electricity - Mains Connection
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,500€
Final Payment of 90% on completion
148,500€
Property Purchase Expenses
Property price
165,000€
Transfer tax 10%
16,500€
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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