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Ref: TH5429
Property marketed by Inland Andalucia
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This property is situated in the town of La Atalaya in the province of Malaga, Andalucia, Spain, within easy walking distance to the local store and bar and just a short drive to the popular town of Villanueva de Algaidas that offers large supermarket, banks, bars and restaurants. The property opens in to the main sitting room, 2 ground floor bedrooms which continue to a separate area for the dining room, a newly tiled area for the kitchen to be installed and a newly fitted shower room. On the first floor a third bedroom which opens to a large storage room. The ground floor opens to a private walled courtyard with stairwell to a large terrace which offers views over the town and surrounding countryside. This property also benefits from a private independent garage.
Property Features
- 3 bedrooms
- 2 bathrooms
- 215m² Build size
- 212m² Plot size
- Close to Amenities
- On Street Parking
- Patio
- Private Garage
- Private Terrace
- Renovation Needed
- Separate Diner
- Spacious Accommodation
- Storage Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,495€
Final Payment of 90% on completion
67,455€
Property Purchase Expenses
Property price
74,950€
Transfer tax 10%
7,495€
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.