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Ref: TH5552
Property marketed by Inland Andalucia
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This central location property is on a generous plot of 123 square meters very close to all places of interest such as bars, restaurants, hotels, churches and museums in the town of Lucena, in the Cordoba province of Andalucia, Spain. Lucena is the second most important town in the province after its capital, it has a rich history and a privileged geographical location. This house is in need of complete renovation, but its location and the size of its plot offer great potential. Well worth a visit.
Property Features
- 0 bedrooms
- 0 bathrooms
- 98m² Build size
- 123m² Plot size
- Investment Property
- Near Public Transport
- On Street Parking
- Patio
- Renovation Needed
- Unfurnished
- Well Water
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
2,890€
Final Payment of 90% on completion
53,010€
Property Purchase Expenses
Property price
58,900€
Transfer tax 10%
5,890€
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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