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Ref: TH5463
Property marketed by Inland Andalucia
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This 2 Bedroom Townhouse is situated in Montefrio, one of the most famous towns in the Granada province of Andalucia, Spain, known for its stunning views. Being sold part furnished for 33,000 euros the property is ready to move into and update, Located on a quiet street you enter the property into a lounge / kitchen with a sink under the staircase which takes you to the first floor level where you have a double bedroom with a staircase leading to the second level and another bedroom with an ensuite bathroom.
Property Features
- 2 bedrooms
- 1 bathroom
- 38m² Build size
- 20m² Plot size
- Close to Amenities
- Fitted Kitchen
- Internet
- Investment Property
- Just needs updating
- Off Road Parking
- On Street Parking
- Part Furnished
- Telephone
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
300€
Final Payment of 90% on completion
29,700€
Property Purchase Expenses
Property price
33,000€
Transfer tax 10%
3,300€
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.