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Ref: TH4830
Property marketed by Inland Andalucia
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This 146 m2 built property is located in the heart of the historical town of Alcalá la Real in the Jaen province of Andalucia. Completely restored and with a high-quality finish, the property is ready to move into. It is distributed over two floors. The entrance opens out to a well-lit and lovely reception which will lead you to the interior of the ground floor. There you will find a large and cheerful living room and a comfortable separate dining room, you also have a sunny internal courtyard which gives access to a fully fitted kitchen with a walk in pantry / storage room and a modern tiled bathroom. The stairs take you up to a wide second level terrace leading to a sumptuous double-bedroom and to another storage room. The first floor also has a bathroom and three further double bedrooms which have views of the well-known castle of La Mota. The property has water and electricity connections, fireplace and on-road parking, you can see from the main property picture and the beginning of the Video that the town council are in the process of renewing the street right outside the property. If you have not discovered the joys of Alcala la Real before we would recommend viewing our recently recorded Virtual Tour of this wonderful town by clicking on the following link https://youtu.be/YKNXxFrWgQA
Property Features
- 4 bedrooms
- 2 bathrooms
- 146m² Build size
- 87m² Plot size
- Close to Amenities
- Fireplace
- Fitted Kitchen
- Good Rental Potential
- Guest Toilet
- Ideal Family Home
- Internet
- Laundry Room
- Lounge Diner
- Near Public Transport
- On Street Parking
- Part Furnished
- Patio
- Private Terrace
- Renovated
- Storage Room
- Telephone
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,300€
Final Payment of 90% on completion
137,700€
Property Purchase Expenses
Property price
153,000€
Transfer tax 10%
15,300€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.