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Ref: PHIP-760
Property marketed by JMT Spanish Properties
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An ideal oportunity to purchase this end-terrace corner townhouse just a stones' throw from all kinds of local amenities. The main house has 2 bedrooms, one and a half bathrooms, living dining room and a spacious kitchen leading on to a rear terrace overlooking the communal swimming pool. Being a corner plot, the property benefits from a very spacious garden from which there are stairs leading to a self-contained one bedroom apartment with living room and kitchen and a very large roof solarium. Back on ground level you will find a large garage with electric doors next to a further self-contained studio apartment.This property offers ideal potential for multiple long-term and short-term holiday lets, as a commercial buissness or just as a family home. We highly recommend a viewing on this fantastic property.
Property Features
- 4 bedrooms
- 4 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,995€
Final Payment of 90% on completion
152,955€
Property Purchase Expenses
Property price
169,950€
Transfer tax 8%
13,596€
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.