3 bedroom Country House for sale in Illora, Granada, Spain

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Ref: Casa Branco

Property marketed by Undiscovered Spain

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Here we have nice bank repo which is located in the village Bracana near Illora. The property is in good condition and is a 113 m2 built. The property has accommodation over 2 floors and comprises:living room, kitchen with a fitted pantry, 3 double bedrooms, a full bathroom and small terrace. The house has been empty for some time so does need some TLC but mainly cosmetic so you could create what you wish as this is really a blank canvas with great potential
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Property Features

3 bedrooms
1 bathroom
113m² Build size
Near Transport
Renovation Needed
Near amenities
Very Good Access
Needs modernizing
In Town Center
Needs Finishing
Walk to shops
Walk to bars
Walk to restaurants

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

1,170€

Final Payment of 90% on completion

37,530€

Property Purchase Expenses

Property price

41,700€

Transfer tax 10%

4,170€

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.

Mortgage Calculator

Mortgage Amount:

41,700€

Deposit:

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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.