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Ref: TH5669
Property marketed by Inland Andalucia
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Situated in the town of Algarinejo in the Granada province of Andalucia, Spain. This 186m2 build townhouse property with good outside spaces is in need of renovating, but priced to sell at under 31,000 euros. This is an ideal DIY project or investment property as a spacious rental townhouse. Located on a quiet street you enter the property into a bright, wide hallway with a sitting room on the right and 2 ground floor double bedrooms then you have a covered tiled patio space off which is a fitted kitchen, a fully tiled bathroom and an utility / laundry area. There is also access out into a large open patio and terrace space at the rear of the townhouse. A staircase on the left side of the hallway takes you to the large first floor unconverted space with access out on to a Juliet balcony at the front and to the rear direct access out on to a private covered terrace with views over your open patio and lower terrace as well as the countryside and mountains beyond the town. This is a lot of property both inside and externally, on the market for 30,840 euros.
Property Features
- 2 bedrooms
- 1 bathroom
- 186m² Build size
- 140m² Plot size
- Close to Amenities
- Fitted Kitchen
- Ideal Family Home
- Internet
- Lounge Diner
- On Street Parking
- Patio
- Private Terrace
- Renovation Needed
- Separate Diner
- Spacious Accommodation
- Spectacular views
- Storage Room
- Unfurnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
84€
Final Payment of 90% on completion
27,756€
Property Purchase Expenses
Property price
30,840€
Transfer tax 10%
3,084€
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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