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This traditional Spanish house would suit a builder or someone with skills to convert this townhouse into a beautiful home. Of the town.
The house is ready to be reformed, or to demolish and rebuild if preferred. The property is distributed in two floors and there are four double sized bedrooms. The property is connected to the mains water and electricity.
This traditional Spanish house would suit a builder or someone with skills to convert this townhouse into a beautiful home.
Available with a Rent To Buy Option
Financial breakdown
12 month rental contract
Initial deposit of 9,700 €
Monthly rental payments of 900 €
Final purchase payment 76,500 €
Property Features
- 4 bedrooms
- 1 bathroom
- 153m² 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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Mortgage Result
* 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.