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Ref: AG19142593
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Country house of 180 m² construction, on a 2,910 m² plot with good open views. The house is being restored and will have on the ground floor 2 bedrooms, 2 bathrooms with showers, an open styled kitchen and a living/dining room with a mezzanine above with 2 more bedrooms. There is the possibility of adding one more bedroom on the ground floor. It has an ample open naya, a small internal courtyard and double height ceilings. New electrics and water systems will be installed. Large plot with fruit trees and a water deposit. Finca on a quiet countryside location, yet close to the town of Gata.
Property Features
- 4 bedrooms
- 2 bathrooms
- 180m² Build size
- 2,910m² Plot size
- Garden
- Veranda
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
27,000€
Final Payment of 90% on completion
270,000€
Property Purchase Expenses
Property price
300,000€
Transfer tax 8%
24,000€
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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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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