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Ref: TH5742
Property marketed by Inland Andalucia
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This 2 storey building with a generous town plot size of 139m2 is situated in popular Luque in the Cordoba province of Andaluicia, Spain. On the market for just 16,000 euros the property needs complete renovation throughout with two tier garden areas. At present the property has a total build size of 100m2 but with such large outside spaces it may be possible to extend the living accommodation, subject to planning consent.
Property Features
- 0 bedrooms
- 0 bathrooms
- 100m² Build size
- 139m² Plot size
- Close to Amenities
- Garden
- Good Rental Potential
- Investment Property
- Off Road Parking
- On Street Parking
- Parking Space
- Patio
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
11,000€
Property Purchase Expenses
Property price
14,000€
Transfer tax 10%
1,400€
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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