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Property marketed by JMT Spanish Properties
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Rustic ground floor country house in Elche / Torrellano (Alicante), just 10 minutes from the beach, with mountain views.
The house consists of 5 bedrooms, 3 bathrooms, a large living room with chimney, a kitchen with pantry and has a living area of 250m2 and a fenced plot of 2800m2. The house has a 120m2 basement with a games room with bar which could be converted into a guest apartment and a 60m2 glazed terrace and roof terrace. In the easy-care garden is a summer kitchen and a carport for 2 cars. The house needs some renovation.
It is located in a very quiet area just 10 minutes from the beautiful city of Elche and 10 minutes from the airport. There is a bus stop near the property.
The house consists of 5 bedrooms, 3 bathrooms, a large living room with chimney, a kitchen with pantry and has a living area of 250m2 and a fenced plot of 2800m2. The house has a 120m2 basement with a games room with bar which could be converted into a guest apartment and a 60m2 glazed terrace and roof terrace. In the easy-care garden is a summer kitchen and a carport for 2 cars. The house needs some renovation.
It is located in a very quiet area just 10 minutes from the beautiful city of Elche and 10 minutes from the airport. There is a bus stop near the property.
Property Features
- 5 bedrooms
- 3 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
20,500€
Final Payment of 90% on completion
211,500€
Property Purchase Expenses
Property price
235,000€
Transfer tax 8%
18,800€
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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