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Ref: TH4570
Property marketed by Inland Andalucia
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This 114m2 build 4 double bedroom townhouse is situated in the traditional Spanish village of Fuente-Tojar close to the popular town of Priego de Cordoba in Andalucia, Spain. Located on a quiet street with parking right outside the property you enter the townhouse into a lounge diner off which there is a ground floor double bedroom, a fully tiled bathroom plus a tiled utility room and your good sized kitchen diner with an open fireplace. Stairs from the lounge lead up to the first floor where you have a further 3 double bedrooms and a small terrace. The property has town water but the electricity will need to be reconnected, Priced to sell, this townhouse offers the opportunity to modernise the property whilst being able to live there, once the electric is reconnected, which is a simple exercise.
Property Features
- 4 bedrooms
- 1 bathroom
- 114m² Build size
- 67m² Plot size
- Fireplace
- Fitted Kitchen
- Investment Property
- Lounge Diner
- Near Public Transport
- On Street Parking
- Part Furnished
- Private Terrace
- Storage Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
26,900€
Property Purchase Expenses
Property price
29,900€
Transfer tax 10%
2,990€
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.