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Ref: TH5648
Property marketed by Inland Andalucia
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This 4 bedroom property is situated in the popular town of Humilladero in the Malaga province of Andalucia, Spain, located within easy walking distance to shops, bars and restaurants and also very close the towns sports and recreational grounds. The property is accessed via a garage door that opens in to a private walled patio with room for off road parking for 2 vehicles if necessary. The property is in need of updating throughout but offers a full family bathroom, good size kitchen ground floor bedroom and lounge / dining room. On the first floor a central hallway leads to a further 3 good size bedrooms, two of which look out over the patio and surrounding town. Good size property, in a good location.
Property Features
- 4 bedrooms
- 1 bathroom
- 108m² Build size
- 197m² Plot size
- Close to Amenities
- Fitted Kitchen
- Just needs updating
- Laundry Room
- Lounge Diner
- Off Road Parking
- Patio
- Storage Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,500€
Final Payment of 90% on completion
67,500€
Property Purchase Expenses
Property price
75,000€
Transfer tax 10%
7,500€
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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