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Ref: v2927
Property marketed by Colours of Andalucia Rusticom
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Single-story farmhouse for sale on urban land in Baza, Granada with a cave house behind the main house. Perfect town location with large plot to restore the existing homes or build a new house. A private plot of 700 m2 with stunning views. All mains services available for connection. All amenities available within walking distance of the house (shops, doctors, weekly market, restaurants, etc.)
Property Features
- View Video Tour
- 2 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
2,300€
Final Payment of 90% on completion
47,700€
Property Purchase Expenses
Property price
53,000€
Transfer tax 10%
5,300€
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.