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Ref: TH5731
Property marketed by Inland Andalucia
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Situated in popular Castillo de Locubin close to the historical city of Alcala la Real in the south of Jaen province in Andalucia, Spain. This 234m2 build 3 to 4 bedroom townhouse with a Patio is located on a wide, level street with on road parking right outside. You enter the property from a safe raised pavement into a bright, wide hallway with a dining room on the right, then a ground floor double bedroom with an ensuite shower room. Passing the staircase we have an utility and laundry area with a kitchen space to the right. Towards the rear you have access out into the patio spaces with mature planting and storage rooms. The staircase from the hallway takes you to the first floor landing off which are 2 spacious bedrooms, one of which leads to another 4th double bedroom, also on the level you are steps taking you to the large attic storage space which could easily be converted into more living or entertainment rooms. This is a 234m2 build property is in need of updating, in order to make better use of the spacious inside and outside areas, on the market for 49,000 euros represents real value, for what is an ideal DIY project..
Property Features
- 3 bedrooms
- 1 bathroom
- 234m² Build size
- 78m² Plot size
- Close to Amenities
- Patio
- Storage Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,900€
Final Payment of 90% on completion
44,100€
Property Purchase Expenses
Property price
49,000€
Transfer tax 10%
4,900€
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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