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Built in 1900 there are incredible original features throughout. As you can see from the pictures the house is in a considerable state of disrepair. This would be a real labour of love to restore to it's former glory. There is however permission to knock down and start again. Looking at the buildings on either side you can expect to be able to rebuild up to 4 floors high. This could be an excellent investment opportunity due to the excellent location near local amenities and the church.
Property Features
- 3 bedrooms
- 2 bathrooms
- 306m² Build size
Costing Breakdown
* 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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* 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.
Spanish Property News & Updates by Spain Property Portal.com
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.