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Ref: TH3796
Property marketed by Inland Andalucia
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This Large double fronted 4 bedroom Townhouse is situated on a sought after street in the centre of the pretty town of Castillo de Locubin in the Jaen province of Andalucia, Spain. The present layout has 4 bedrooms but the 2nd floor is ready for conversion into more living spaces or a great roof terrace. The property is in need of modernization but the present living rooms are clean and ready to move in to, so work to update this townhouse may be carried out whilst in occupation. The ground floor double fronted entrance hall leads to a lounge and separate dining room, a kitchen with traditional features plus a large utility room and extra storage space, steps lead into a small internal courtyard with a downstairs toilet and again more storage areas. The property has internet, telephone, electricity and town water connections and is being sold part furnished. On the first floor there are 3 double bedrooms and 1 single bedroom plus a tiled shower room. The 2nd floor has three good size rooms ripe for conversion into extra bathrooms, bedrooms and or a roof terrace. Reduced, on the market for the bargain price of only 32.000,00 euros this is a great investment opportunity to create a modern large family home in Spain.
Property Features
- 4 bedrooms
- 1 bathroom
- 142m² Build size
- 89m² Plot size
- Close to Amenities
- Fireplace
- Fitted Kitchen
- Internet
- Laundry Room
- Lounge Diner
- Near Public Transport
- On Street Parking
- Part Furnished
- Patio
- Storage Room
- Telephone
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
200€
Final Payment of 90% on completion
28,800€
Property Purchase Expenses
Property price
32,000€
Transfer tax 10%
3,200€
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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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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