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Ref: TH3421
Property marketed by Inland Andalucia
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Located in the quiet village of Ventas del Carrizal and only 5 minutes away from the town of Castillo de Locubin, a real bargain and great opportunity to buy a property to improve, it has planning in place for a double length garage, 19m2 store room on the ground floor and a 2 bed flat above with a bathroom, kitchen, dining room and lounge going out on to a 19mq patio with fantastic views. Full plans are available using an English speaking architect, builder / project manager as well as full costings; however once the structure is erected the plans can be adjusted to suit your own requirements. There is also a decent sized courtyard along with a large fig tree, and views over the countryside. For 14,500 euros this is an absolute steal. Book your appointment today!!
Property Features
- 3 bedrooms
- 1 bathroom
- 57m² Build size
- 90m² Plot size
- Close to Amenities
- Fireplace
- Laundry Room
- Lounge Diner
- Near Public Transport
- On Street Parking
- Patio
- Renovation Needed
- Storage Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
11,500€
Property Purchase Expenses
Property price
14,500€
Transfer tax 10%
1,450€
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.