Country House for sale in Frailes, Jaén, Spain

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Ref: CJ688

Property marketed by Inland Andalucia

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This Hill Top Cortijo with close to 2,000m2 of Land is situated near the popular town of Frailes, in the Jaen province of Andalucia yet is located less than 60Km from Granada airport. In need of renovation throughout, right now the property has a well but you can easy connect to the main water service. The Cortijo is priced to sell giving you the opportunity to create a wonderful rural countryside home with extensive grounds where you can collect up to 2.000kg of olives and make your own olive oil.

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Property Features

0 bedrooms
0 bathrooms
92m² Build size
1,956m² Plot size
Close to Amenities
Detached
Garden
Ideal for Country Lovers
Near Public Transport
On Street Parking
Renovation Needed
Spectacular views
Storage Room
Well Water

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

1,400€

Final Payment of 90% on completion

39,600€

Property Purchase Expenses

Property price

44,000€

Transfer tax 10%

4,400€

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.

Mortgage Calculator

Mortgage Amount:

44,000€

Deposit:

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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.