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Ref: TH5746
Property marketed by Inland Andalucia
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This 214m2 build Townhouse with a garage space renovation project is situated in the sought after town of Luque in the Cordoba province of Andalucia, Spain. Located in an elevated position at the end of a cul-de-sac, to the right of the townhouse there are double garage doors leading to a secure car parking space or garden area, you enter the main property into a good size reception room with a dining room on the right, then a ground floor double bedroom. A hallway leads to a kitchen to the right and opposite is a bathroom, the hallway continues to an utility space, also to the left and ahead is a lounge with an open fireplace. Off the hallway, towards the rear you also have a good size storage room on the right. With the amount and size of the debris lying on the stairs it would be unwise to venture onto the first floor and the roof terrace without a hard hat and protective clothing. This property with an asking price of 22,000 euros is one for the professional renovator or builder, with that garage space and a total build size of 214m2 this could be a good investment opportunity for the right people.
Property Features
- 2 bedrooms
- 1 bathroom
- 214m² Build size
- 113m² Plot size
- Close to Amenities
- Fireplace
- Investment Property
- Laundry Room
- Off Road Parking
- On Street Parking
- Private Garage
- Renovation Needed
- Separate Diner
- Spacious Accommodation
- Spectacular views
- Storage Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
19,000€
Property Purchase Expenses
Property price
22,000€
Transfer tax 10%
2,200€
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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