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Ref: Investment casa
Property marketed by Undiscovered Spain
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This property is no brainer if you are looking for an investment property just ready to move into as it offers 2 well fitted apartments just ready to go plus a 3rd one in the basement....so you could rent out all 3 to locals or keep one for personal use and the other 2 to rent out...so many options...plus it has the added bonus of a large garage and its in one of the best locations as its at the bottom end of the town so access to everything. So downstairs is the garage with storerooms plus access to the outside patio garden of about 60sqm, so room for pool here too. It has an apartment here with fitted kitchen, living room, bathroom plus a possible bedroom. Then up to the ground floor where there is a 3 bedroom apartment, plus sitting room and a fitted kitchen, 2 bathooms and an outside terrace. Then up to the next floor where there is another independant apartment with 3 more bedroom, 2 bathrooms, fitted kitchen and sitting room. All services are connected and there is no work required so a great property for what it offers...loads of options are possible here.
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Property Features
- 7 bedrooms
- 5 bathrooms
- 330m² Build size
- Near Transport
- Near amenities
- Easy Renting
- In Town Center
- Walk to shops
- Walk to bars
- Walk to restaurants
- High Standard Finish
- Key Ready
- Hospital 1 Km
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,200€
Final Payment of 90% on completion
118,800€
Property Purchase Expenses
Property price
132,000€
Transfer tax 10%
13,200€
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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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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.