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Ref: TH2982
Property marketed by Inland Andalucia
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Large spacious 4 bedroom townhouse with a generous plot of 370m2, located in the heart of the popular town of Villanueva de Algaidas, in the Malaga province of Andalucia, Spain, close to all the local shops and amenities. Inside, the property offers a large lounge diner which leads on to a fitted kitchen and a ground floor bedroom with an en suite bathroom. Upstairs there are 3 more double bedrooms and a second bathroom. To the rear of the property, a private patio area leads through to a wonderful spacious garden area with stunning views of the surrounding countryside. Now reduced to 72.000,00 euros.
Property Features
- 4 bedrooms
- 2 bathrooms
- 132m² Build size
- 370m² Plot size
- Close to Amenities
- Garden
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,200€
Final Payment of 90% on completion
64,800€
Property Purchase Expenses
Property price
72,000€
Transfer tax 10%
7,200€
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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Spanish Property News & Updates by Spain Property Portal.com
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.