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Ref: The Canopy
Property marketed by Undiscovered Spain
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This is a really lovely semi detached country property located in small hamlet not far from Alcala la Real. The bonus feature of this hamlet is the views of the mountains and surrounding countryside. This property offers 3 bedrooms, bathroom, living room, 2 kitchens (one with a fireplace, the other fully fitted) and a nice inner patio. It also has about 400 sqm land so room for a pool. It is ready to live in so just a bit of updating here and there is all thats needed and many of the spanish features have been retained. The hamlet is about 40 mins to Granada and just over an hour to the ski slopes.
(At Undiscovered Spain we pride ourselves on responding to every property enquiry, so please check your Spam Folder if you are waiting for a reply)
(At Undiscovered Spain we pride ourselves on responding to every property enquiry, so please check your Spam Folder if you are waiting for a reply)
Property Features
- 3 bedrooms
- 1 bathroom
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,600€
Final Payment of 90% on completion
113,400€
Property Purchase Expenses
Property price
126,000€
Transfer tax 10%
12,600€
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.