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Ref: IVO13721
Property marketed by InlandVillas Spain
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Two Houses on Separate Plots. We are pleased to offer this unusual package, it comprises of two separate houses on individual plots, the first property being a large five bedroom, one bathroom property in need of totally reforming.
The second property is only half built so needs to be completed. The area is very beautiful, surrounded by mountains and trees, the perfect setting for nature lovers seeking peace and tranquility.
The second property is only half built so needs to be completed. The area is very beautiful, surrounded by mountains and trees, the perfect setting for nature lovers seeking peace and tranquility.
Property Features
- 5 bedrooms
- 2 bathrooms
- 200m² Build size
- 10,000m² Plot size
- Swimming Pool
- Summer Kitchen
- Fast Internet & Phone
- Mains Electric
- Mains Water
- Fenced Plot
- Fireplace - Log Burner
- Cess Pit / Septic Tank
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,500€
Final Payment of 90% on completion
112,500€
Property Purchase Expenses
Property price
125,000€
Transfer tax 8%
10,000€
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.