5 bedroom Townhouse for sale in Villena, Alicante, Spain

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Ref: IV-200879

Property marketed by Casa Consultants

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House split into 2 apartments - needs structural repairs or rebuild. We offer for sale, this house split into two apartments. Downstairs has a studio apartment style with outside space, whilst upstairs is duplex, 4 bed, bathroom, washing room and roof terrace.

Please note that the condition of the house is very poor, and as such, the owners feel it would be more sensible to knock the house down, and rebuild it. We have added the photos of some of the worst parts of the property, so you judge for yourself if you think it is repairable. We would strongly suggest that you only view if you are prepared for the extensive work this property requires, as it has cracks in the ceilings and walls, and the floors are unstable.

On the plus side, the house is in the heart of the town, near the castle, and with amazing castle views from the terrace, walking distance to all the services, and has mains water, electricity and sewerage.

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Property Features

5 bedrooms
2 bathrooms
165m² Build size
82m² Plot size
Furnished
Terrace
Utility Room
Mains Water
Double glazing
White Goods
Mains Sewerage
Mains Electric
Fast Internet & Phone
Walking Distance To Town
Walking Distance - Restaurant / Bar
Dressing Room
Annexe / Guest House

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

2,500€

Final Payment of 90% on completion

49,496€

Property Purchase Expenses

Property price

54,995€

Transfer tax 8%

4,400€

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.

Mortgage Calculator

Mortgage Amount:

54,995€

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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Townhouse for sale

Villena, Alicante

54,995€
5
2
165m² 20

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.