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Ref: TH5451
Property marketed by Inland Andalucia
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On the market for 40,000 euros, this 4 to 5 bedroom, 2 bathroom corner townhouse is situated in popular Castillo de Locubin in the south of the Jaen province in Andalucia, Spain, being sold part furnished it is ready to move into and enjoy. You enter the property from a pavement into a tiled hallway that leads to a large lounge off which is a dining area, then to the fitted kitchen which has direct access out into a patio space with an utility area and a ground floor fully tiled shower room. The staircase from the dining area takes you to the first floor landing from where you have a sitting room and a fully tiled bathroom, a storage room and 2 double bedrooms. The staircase continues to the second floor where you have a further 2 or 3 bedrooms and a private terrace with more storage and views over the edge of town and the countryside.
Property Features
- 4 bedrooms
- 2 bathrooms
- 153m² Build size
- 54m² Plot size
- Close to Amenities
- Fitted Kitchen
- Ideal Family Home
- Internet
- On Street Parking
- Part Furnished
- Patio
- Separate Diner
- Telephone
- Well Presented
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,000€
Final Payment of 90% on completion
36,000€
Property Purchase Expenses
Property price
40,000€
Transfer tax 10%
4,000€
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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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.