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Ref: AP444
Property marketed by Inland Andalucia
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This renovated 3 bedroom first floor apartment is ready to move into and enjoy. Situated in popular Castillo de Locubin which is just a short drive from the historical city of Alcala la Real in the south of Jaen province in Andalucia, Spain. The building has a bright communal hallway with stairs leading up to the first floor. You enter the apartment into a good size reception area off which is a fitted kitchen with a walk-in pantry, a fully tiled family bathroom, a lounge / dining room and a double bedroom with access out onto a Juliet balcony. There is also a corridor leading to 2 further bright and spacious double bedrooms, one of which has access out onto a larger Juliet balcony. Being sold part furnished this 136m2 Apartment is ready to move into.
Property Features
- 3 bedrooms
- 1 bathroom
- 136m² Build size
- 136m² Plot size
- Close to Amenities
- Fitted Kitchen
- Good Rental Potential
- Ideal Family Home
- Immaculate Condition
- Internet
- Investment Property
- Laundry Room
- Lounge Diner
- On Street Parking
- Part Furnished
- Renovated
- Safe
- Separate Diner
- Spacious Accommodation
- Spectacular views
- Well Presented
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,700€
Final Payment of 90% on completion
69,300€
Property Purchase Expenses
Property price
77,000€
Transfer tax 10%
7,700€
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.