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Ref: TH4078
Property marketed by Inland Andalucia
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This bargain 2 double bedroom Townhouse with a private garden and terrace both having countryside views is situated in popular Castillo de Locubin close to the historical city of Alcala la Real in the south of Jaen province in Andalucia, Spain. Price to sell, needing renovation but offering a great investment opportunity to add value to the property. You have on street parking right outside the house. The ground floor has two living rooms, a fully tiled shower room and access to a private terrace. Steps from the entrance hall lead down to the lower ground level where you have a storage room, a good sized kitchen diner and direct access to the private garden with countryside and mountain views. Stairs from the ground floor take you to 2 good sized double bedrooms on the first floor. With two outside private spaces this 2 double bedroom Townhouse offers good investment potential for a property renovator or for someone looking to reform and create a family home in the sunshine on a budget. The property has town water connection but will need the electricity reconnected but again this is reflected in the bargain price for a family home in the sun.
Property Features
- 2 bedrooms
- 1 bathroom
- 90m² Build size
- 71m² Plot size
- Close to Amenities
- Fitted Kitchen
- Garden
- On Street Parking
- Part Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
16,000€
Property Purchase Expenses
Property price
19,000€
Transfer tax 10%
1,900€
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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