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Ref: TH5637
Property marketed by Inland Andalucia
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This 158m2 build, 4 bedroom, 2 bathroom townhouse with fantastic outside space is situated in the popular town of Luque in the Cordoba province of Andalucia, Spain. The property has been cleared ready to renovate and modernize, on the market for 45,000 euros it is priced to sell in this sought after town. You enter the property into a good size reception room with a lounge diner on the left that leads directly into the fully tiled room with plumbing ready for you to install the kitchen of you choice. Off the reception room you have access out into a partly covered tiled patio which leads out to a larger patio space with an utility area and off which is a ground floor bathroom, to modernize and opposite is a summer kitchen / food preparation room. You also have a storage room and a small number of steps up to a larger patio space where you could possibly add a pool. At the rear and to the right of the reception area is a ground floor double bedroom with a fully tiled en-suite shower room. The quality staircase takes you to the spacious first floor landing from where you have a double bedroom, a balcony that leads to another double bedroom, a (5th) single bedroom and a storage room, also off the spacious landing is a further double bedroom at the front of the property. With the main expenses being only to install a kitchen and to update one of the bathrooms this represents real value for money, for you to create a 4 bedroom family home with a generous 147m2 town plot, located in a sought after town.
Property Features
- 4 bedrooms
- 2 bathrooms
- 158m² Build size
- 147m² Plot size
- Close to Amenities
- Fireplace
- Investment Property
- Laundry Room
- Near Public Transport
- On Street Parking
- Patio
- Private Terrace
- Renovation Needed
- Storage Room
- Sun Terrace
- Unfurnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,500€
Final Payment of 90% on completion
40,500€
Property Purchase Expenses
Property price
45,000€
Transfer tax 10%
4,500€
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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