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Ref: CM141
Property marketed by Inland Andalucia
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Located in the popular historical city of Alcalá la Real, in the province of Jaén, this 383m2 build property is waiting for lovers of urban life, as well as for those looking for a new business with a Quality 3 bedroom home opportunity. The building is distributed over four floors, including a large lower ground level. The ground floor consists of a completely furnished and equipped Bar decorated in a modern style. The bar also includes two bathrooms: one for men / disabled and another for women. Above the bar there is a bright and spacious home offering a modern fully-equipped kitchen diner with a walk in pantry, a comfortable living-room, three well lit bedrooms, a modern tiled shower room, a useful storage room and even an interior courtyard which can be used as a laundry area. As well, on this floor you will find beautifully presented balconies with views across the town. The stairs will take you up to further storage rooms and a large terrace overlooking the town. The separate ground floor entrance to the 3 bedroom accommodation also has stairs leading down to a large lower ground level where you have a good size lounge / entertainment space and more storage areas along with access to your unique vehicle lift that allows for easy loading and unloading from your car before raising it to street level. The property is ready to move into and subject to licences opening the Bar for business in a popular city with over 22,000 residents.
Property Features
- 3 bedrooms
- 3 bathrooms
- 383m² Build size
- 129m² Plot size
- Furnished
- Off Road Parking
- On Street Parking
- Private Garage
- Well Water
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
45,000€
Final Payment of 90% on completion
432,000€
Property Purchase Expenses
Property price
480,000€
Transfer tax 10%
48,000€
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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