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Ref: TH5809
Property marketed by Inland Andalucia
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Situated in La Concepcion, close to the historical town of Priego de Cordoba in Andalucia Spain is this 69m2 build Townhouse to renovate. Located on a quiet street you enter the property from double garage doors into a large open room with a kitchen area off to the right that also has access out into a small patio space that leads to a ground floor shower room. Stairs from the middle of the large open room take you to the first floor where you have a further 3 rooms. On the market for 22,000 euros this could be an ideal DIY project as well as an investment property for the professional renovator.
Property Features
- 3 bedrooms
- 1 bathroom
- 69m² Build size
- 40m² Plot size
- Close to Amenities
- Fireplace
- Good Rental Potential
- Investment Property
- Off Road Parking
- On Street Parking
- Private Garage
- Renovation Needed
- Unfurnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
19,000€
Property Purchase Expenses
Property price
22,000€
Transfer tax 10%
2,200€
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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