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Ref: TH4767
Property marketed by Inland Andalucia
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This 194m2 build 4 bedroom town house is located on the outskirts of Ermita Nueva, a quiet and peaceful village with all the basic services at your fingertips. Moreover, it has very good roads to Granada and Jaen and it is just 15 minutes drive away from the historical city of Alcalá la Real. Alcalá has all kinds of amenities and free-time activities. The property boasts a generous town plot size of 400m2, in need of updating this property is priced to sell,
including a fenced area with animal pens, a large car port and garage plus a private patio and garden area.
including a fenced area with animal pens, a large car port and garage plus a private patio and garden area.
Property Features
- 4 bedrooms
- 1 bathroom
- 194m² Build size
- 400m² Plot size
- BBQ
- Car Port
- Close to Amenities
- Fitted Kitchen
- Garden
- Good Rental Potential
- Ideal Family Home
- Internet
- Investment Property
- Just needs updating
- Laundry Room
- Lounge Diner
- Near Public Transport
- Off Road Parking
- On Street Parking
- Patio
- Private Garage
- Spectacular views
- Storage Room
- Telephone
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,700€
Final Payment of 90% on completion
78,300€
Property Purchase Expenses
Property price
87,000€
Transfer tax 10%
8,700€
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.