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Ref: TH5425
Property marketed by Inland Andalucia
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Situated in Fuensanta de Martos in the Jaen province of Andalucia, Spain. A unique 249m2 build property, designed by the owner, it is structurally complete, but needs the second fix to be finished, The services are installed and the electric and plumbing need to be completed as required, Entering the property from the front there are some steps with a water storage deposit below. On the ground floor there are six rooms, lounge and diner, kitchen, two or three bedrooms and bathroom and internal patio and on the first floor there four rooms and a terrace overlooking the internal patio below. The house has been designed to be made into two dwelling if wanted. There is a huge basement under the whole property which can be a garage, workshop or further accommodation. This is a property on a generous town plot size of 352m2 that must be seen physically to get a good idea of it's full potential.
Property Features
- 4 bedrooms
- 1 bathroom
- 249m² Build size
- 352m² Plot size
- Built to High Standards
- Close to Amenities
- Detached
- Guest Toilet
- Ideal Family Home
- Investment Property
- Near Public Transport
- On Street Parking
- Patio
- Private Garage
- Private Terrace
- Spacious Accommodation
- Storage Room
- Unfurnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,000€
Final Payment of 90% on completion
135,000€
Property Purchase Expenses
Property price
150,000€
Transfer tax 10%
15,000€
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.