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Ref: TH5441
Property marketed by Inland Andalucia
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This 3 Bedroom Townhouse with outside space is situated in Montefrio, one of the most famous towns in the Granada province of Andalucia, Spain, for its stunning views. Price to sell at just 55,000 euros, it needs the renovations that have been started to be finished to your own specification. The property comes with a garden area on a good size 194m town plot. You enter the property in to a good size lounge off which are 2 further rooms then in to a tiled kitchen space and there is also a ground floor fully tiled bathroom. The unfinished stairs take you to the first floor where is space for 3 double bedrooms and a shower room you also have access out into your private terraced garden space with the bonus of being able to create a large roof terrace. The town water and electricity will need to be re connected but this is reflected in the low asking price of 55,000 euros.
Property Features
- 3 bedrooms
- 1 bathroom
- 125m² Build size
- 194m² Plot size
- Close to Amenities
- Ideal Family Home
- Internet
- Lounge Diner
- Off Road Parking
- Private Terrace
- Renovation Needed
- Separate Diner
- Telephone
- Unfurnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
2,500€
Final Payment of 90% on completion
49,500€
Property Purchase Expenses
Property price
55,000€
Transfer tax 10%
5,500€
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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