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Property marketed by Undiscovered Spain
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This village property does needs some internal work like updating kitchen and bathroom plus decorating etc but could be a good house when done. It also has quite a decent patio garden at the back with room for a pool. Currently there are potentially 4 bedrooms, bathroom, kitchen, sitting room and utility rooms. The garden will need a good clear out but is a decent size and very private. The village of Santa Ana is not far from Alcalal la Real and it does have its own bank, bars and pharmacy, plus local shop and garden centre etc.
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(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
- 4 bedrooms
- 1 bathroom
- Walk to shops
- Walk to bars
- Walk to restaurants
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,900€
Final Payment of 90% on completion
80,100€
Property Purchase Expenses
Property price
89,000€
Transfer tax 10%
8,900€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.