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Ref: TH3769
Property marketed by Inland Andalucia
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This 3 bedroom 2 bathroom town house in Santiago de Calatrava, in the Jaen province of Andalucia, Spain, comes fully furnished with a fitted kitchen large ground floor lounge and outside patio area. This property is ready to move into only needing some finishing touches. All the bedrooms are of a good size. It is priced to sell and will make a great holiday home or a permanent Spanish family home. On the market for less than 40K, you need to come to the small, friendly town of Santiago and see its charm for yourself.
Property Features
- 3 bedrooms
- 2 bathrooms
- 117m² Build size
- 60m² Plot size
- Close to Amenities
- Fireplace
- Fitted Kitchen
- Furnished
- Internet
- Laundry Room
- Lounge Diner
- Near Public Transport
- On Street Parking
- Patio
- Renovated
- Telephone
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
500€
Final Payment of 90% on completion
31,500€
Property Purchase Expenses
Property price
35,000€
Transfer tax 10%
3,500€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.