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Ref: Riverbank
Property marketed by Undiscovered Spain
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This is a great house as it has so much scope. It has loads of outside space too, with room for a pool plus views of the mountains.There is also a river bordering the land. Inside it could be turned into a lovely family home and has the potential to be made into two separate apartments if required. The garage is also large enough to be turned into another apartment, and it has a separate set of papers. Currently the ground floor has a double bedroom with ensuite bathroom, kitchen and living room. The 1st floor has a 2nd kitchen, 2 double bedrooms, bathroom and living room. Although it is semi detached, this is a large house with huge potential for either as a business or a great family home Location: not far from Alcala la Real in a charming hamlet.
(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
- 2 bathrooms
- 900m² Plot size
- Walk to shops
- Walk to bars
- Walk to restaurants
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,900€
Final Payment of 90% on completion
125,100€
Property Purchase Expenses
Property price
139,000€
Transfer tax 10%
13,900€
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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Spanish Property News & Updates by Spain Property Portal.com
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.