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Ref: TH5793
Property marketed by Inland Andalucia
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On the market for just 13,900 euros. This 80m2 build property is situated in the sought after town of Luque in the Cordoba province of Andalucia, Spain. In need of a complete renovation you enter the property into a lounge which leads into a reception area and then what could be the kitchen area with an open chimney. A door then takes you out to a tiled room on the left and into a private patio space. Stairs from the reception area take you to the first floor where you have 3 bedrooms evidence the partial roof collapse above the landing off which is access out onto a roof terrace with far-reaching countryside and mountain views. This townhouse should be viewed with an architect or surveyor, many Town Halls put aside monies to help with such restorations within residential areas.
Property Features
- 3 bedrooms
- 0 bathrooms
- 80m² Build size
- 71m² Plot size
- Close to Amenities
- Ideal for Country Lovers
- On Street Parking
- Private Terrace
- Renovation Needed
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
10,900€
Property Purchase Expenses
Property price
13,900€
Transfer tax 10%
1,390€
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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