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Ref: TH4678
Property marketed by Inland Andalucia
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This large family home is located near the center of the famous city of Rute, this city is famous for its factories of Christmas sweets and typical Andalusian drinks. Near the property you can find a variety of establishments and services you may need, bars, restaurants, shops, supermarkets, doctors, school. In this family home you can find on the ground floor a large garage that leads to a kitchen, a pantry, a dining room, a living room through which you can access a full bathroom and a patio. On the first floor you will find a corridor that gives access to the main bedroom that has a dressing room and air conditioning, a spacious bedroom, a bathroom, a kitchen through which you access a patio and a spacious living room with air conditioning and views of the street. On the second floor there is a covered terrace where there is a laundry room and two large living rooms overlooking the street. This is a great opportunity to invest in a large house where you have the opportunity to create a separate apartment on the ground floor to produce a good rental income.
Property Features
- 5 bedrooms
- 2 bathrooms
- 200m² Build size
- 117m² Plot size
- Air Conditioning
- Close to Amenities
- Fitted Kitchen
- Good Rental Potential
- Ideal Family Home
- Laundry Room
- Near Public Transport
- On Street Parking
- Part Furnished
- Patio
- Private Garage
- Private Terrace
- Spacious Accommodation
- Storage Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,000€
Final Payment of 90% on completion
107,996€
Property Purchase Expenses
Property price
119,995€
Transfer tax 10%
12,000€
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.