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Ref: TH5601
Property marketed by Inland Andalucia
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This 3 bedroom Townhouse with a sun terrace is situated in popular Rute in the Cordoba province of Andalucia, Spain, just a short drive to the wonderful inland lake of Iznajar. You enter the property into a lounge / diner with the kitchen off to the right, steps lead up to the first floor where you have a double bedroom, a fully tiled shower room, a landing area with a single bed and stairs taking you to the second floor where you have a further double bedroom, an utility space and access out onto your private sun terrace. Being sold part furnished for 41,000 euros the property is ready to move into and update.
Property Features
- 3 bedrooms
- 1 bathroom
- 52m² Build size
- 19m² Plot size
- Close to Amenities
- Fitted Kitchen
- Good Rental Potential
- Internet
- Investment Property
- Just needs updating
- Off Road Parking
- Part Furnished
- Private Terrace
- Renovation Needed
- Separate Diner
- Spectacular views
- Sun Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,100€
Final Payment of 90% on completion
36,900€
Property Purchase Expenses
Property price
41,000€
Transfer tax 10%
4,100€
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.