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Ref: AP419
Property marketed by Inland Andalucia
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Home and Business opportunity. Situated in the Parauta region of the province of Malaga, Andalucia, Spain. Parauta is described as a paradise that catches the eye at first sight. this apartment of 96m2, over 2 floors, with 3 bedrooms, 1 bathroom, a large living room, a fitted bright kitchen diner and is ready to move into. This very well maintained apartment is clean and bright and located on an easily accessible street, near to the church with options to operate a pharmacy or other business from the ground floor as there is a commercial licence already in place. On the lower ground floor are the bedrooms and bathroom plus a small space used as a storage room. Surrounded by bars and restaurants, Parauta has beautiful trails and a rich gastronomy , a public swimming pool and padel court, in walking distance to the Town Hall, Only 40 minutes to the beach and 18 minutes to Ronda .
Property Features
- 3 bedrooms
- 1 bathroom
- 96m² Build size
- 58m² Plot size
- Close to Amenities
- Good Rental Potential
- Investment Property
- Just needs updating
- Off Road Parking
- Safe
- Storage Room
- Unfurnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
3,450€
Final Payment of 90% on completion
58,050€
Property Purchase Expenses
Property price
64,500€
Transfer tax 10%
6,450€
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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