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Ref: TH5636
Property marketed by Inland Andalucia
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This spacious 290m2 build 5 bedroom 2 bathroom Townhouse with a garage, patio and garden is situated in popular Castillo de Locubin, just a short drive to the historical city of Alcala la Real in the south of Jaen province in Andalucia, Spain. Priced to sell at 59,000 euros the property is in need of modernization and some renovation throughout. With on-road parking right outside, as well as your private garage, you enter the property into a bright hallway with a lounge on the left, ahead is a reception area with seating and the staircase then another sitting room that could be a formal dining room which leads into the fitted kitchen which has a good size pantry and a wood burner. From the sitting room you have access into the rear of the private garage and to the patio space with utility area, storage room and a ground floor shower room. There are also steps that lead up to a garden space with mature planting and then continues on to 2 large storage rooms. Back in the reception area a staircase takes you to the first floor landing from where you have 2 bedrooms and a spacious family bathroom on the left, a middle bedroom with a sitting room attached and a further double bedroom with a Juliet balcony to the right. The staircase continues to the second floor where you have large attic spaces that would easily convert into more living, bedroom, bathrooms or entertainment areas. On the market for under 60,000 euros this is a lot of property for the price and an ideal DIY project with the advantage of being able to reside in the townhouse whilst carrying out improvements.
Property Features
- 5 bedrooms
- 2 bathrooms
- 290m² Build size
- 164m² Plot size
- B&B potential
- Close to Amenities
- Fireplace
- Fitted Kitchen
- Full of Character
- Garden
- Ideal Family Home
- Internet
- Investment Property
- Just needs updating
- Near Public Transport
- Off Road Parking
- On Street Parking
- Part Furnished
- Patio
- Private Garage
- Renovation Needed
- Separate Diner
- Storage Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
2,900€
Final Payment of 90% on completion
53,100€
Property Purchase Expenses
Property price
59,000€
Transfer tax 10%
5,900€
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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