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Ref: TH5549
Property marketed by Inland Andalucia
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This property is located near the Town Hall and the Plaza de la Constitución in the city of Martos in the province of Jaen, Andalucia, Spain, a great location in the old quarter of town. It will make a nice home or holiday home and once renovated could have up to four bedrooms. On the ground floor the front door opens into a sitting room and then up a step there is the kitchen on the right and the stairs. On the first floor the stairs rise into one room then there is a room off on both sides. On the second floor there are a further three rooms, the front one has a bathroom attached. From the back room there is access to a sun terrace with nice views of the city and beyond.
Property Features
- 3 bedrooms
- 1 bathroom
- 111m² Build size
- 37m² Plot size
- Close to Amenities
- Near Public Transport
- Renovation Needed
- Roof Sun Terrace
- Unfurnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
13,000€
Property Purchase Expenses
Property price
16,000€
Transfer tax 10%
1,600€
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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