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Ref: CJ671
Property marketed by Inland Andalucia
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Just a short distance through the olive groves of Monte Lopez Alvarez, in the Jaen province of Andalucia, Spain, we find this charming semi detached 315m2 build Cortijo among a cluster of houses. Open the front door to see olives trees opposite, drive down the track and you see the enormous garage facing you. The house itself has been semi renovated with new first fix electrics, new tiled floors on the ground floor and partially new floors and original tiles upstairs and a new roof. Enter the front door into a large open living room with an open fire and semi divided kitchen area with reclaimed railway sleepers. Through the lounge is another open area which leads to the old stable part and out onto a long patio. Heading up the stairs on the turn is the planned access to the back of the garage and bathroom with sewage pipe in place. Upstairs there could be five bedrooms, one already separated as a room in the middle and the back has one room leading to the other with original hydraulic tiles in one part and cleaned original terracotta clay tiles in the other part. At the front of the house one large room leads to another with olive grove views.
Property Features
- 5 bedrooms
- 0 bathrooms
- 315m² Build size
- 279m² Plot size
- Fireplace
- Patio
- Private Garage
- Renovation Needed
- Spectacular views
- Storage Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,500€
Final Payment of 90% on completion
76,500€
Property Purchase Expenses
Property price
85,000€
Transfer tax 10%
8,500€
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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