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Ref: CJ800
Property marketed by Inland Andalucia
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Situated in the cheerful and well-kept village of Ribera Baja, close to the historical city of Alcala la Real in the south of the province of Jaén, Andalucia, Spain, is this 236m2 build Cortijo, with a generous 476m2 plot, being sold part furnished, a bargain on the market for 74,000 euros. Set back from the road you enter the property through a gated front garden area with mature planting and a storage outbuilding on the left, behind which is a large open green space: The garden path leads into the Cortijo and a wide hallway with a lounge on the left off which are 2 spacious ground floor bedrooms. The hallway continues on to another lounge then into the good size kitchen diner off which is a storage room, a fully tiled bathroom and 2 further storage rooms leading out into a private courtyard with a number of old outbuildings. Back in the hallway stairs take you to the first floor where you have 4 rooms which could easily be converted into more living accommodation or where you could create a separate apartment as this level has its own access from steps to the side and rear of the property. This is a lot of property and outside space for under 75,000 euros.
Property Features
- 4 bedrooms
- 1 bathroom
- 236m² Build size
- 476m² Plot size
- Close to Amenities
- Fireplace
- Garden
- Just needs updating
- Laundry Room
- Lounge Diner
- Off Road Parking
- On Street Parking
- Parking Space
- Part Furnished
- Spectacular views
- Storage Room
- Well Presented
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,400€
Final Payment of 90% on completion
66,600€
Property Purchase Expenses
Property price
74,000€
Transfer tax 10%
7,400€
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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