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Ref: v2924
Property marketed by Colours of Andalucia Rusticom
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A lovely 2 storey 3 bedroom town house on the edge of the village Las Vertientes, (Granada province), bordering Almeria, close to the larger towns of Chirivel and Cullar. ---------------------------
The house is located in a beautiful small Spanish village with a doctors, convenience store and bakery. -------------------
The house needs some TLC and a bit of reforming, but with a small amount of work could be transformed into a beautiful home. It has so much to offer and lots of possibilities. All mains services connected.
The house is located in a beautiful small Spanish village with a doctors, convenience store and bakery. -------------------
The house needs some TLC and a bit of reforming, but with a small amount of work could be transformed into a beautiful home. It has so much to offer and lots of possibilities. All mains services connected.
Property Features
- View Video Tour
- 3 bedrooms
- 1 bathroom
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
950€
Final Payment of 90% on completion
35,550€
Property Purchase Expenses
Property price
39,500€
Transfer tax 10%
3,950€
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.