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Ref: TH5857
Property marketed by Inland Andalucia

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This 3 bedroom townhouse, nestled in the heart of the picturesque village of Alfarnatejo in the Province of Malaga offers a unique opportunity to create your dream living space. Located in a peaceful rural setting, the property combines tranquillity with convenient access to local amenities.
The townhouse is a blank canvas, offering ample space and endless potential for customization. Its affordable price makes it an excellent investment for first-time buyers or those seeking a renovation project.
Alfarnatejo is steeped in rich history, featuring traditional Andalucian architecture and a warm, welcoming community. The town's breathtaking views of rolling hills and lush landscapes provide a serene backdrop to everyday life. Residents enjoy a slower pace, where neighbors become friends and the beauty of nature is always within reach. Whether you're looking for a permanent residence or a holiday escape, this townhouse is waiting to be transformed into your perfect home. Contact us today to schedule a viewing!
The townhouse is a blank canvas, offering ample space and endless potential for customization. Its affordable price makes it an excellent investment for first-time buyers or those seeking a renovation project.
Alfarnatejo is steeped in rich history, featuring traditional Andalucian architecture and a warm, welcoming community. The town's breathtaking views of rolling hills and lush landscapes provide a serene backdrop to everyday life. Residents enjoy a slower pace, where neighbors become friends and the beauty of nature is always within reach. Whether you're looking for a permanent residence or a holiday escape, this townhouse is waiting to be transformed into your perfect home. Contact us today to schedule a viewing!
Property Features
- 3 bedrooms
- 1 bathroom
- 76m² Build size
- 60m² Plot size
- Garden
- Investment Property
- On Street Parking
- Part Furnished
- Renovation Needed
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,000€
Final Payment of 90% on completion
36,000€
Property Purchase Expenses
Property price
40,000€
Transfer tax 10%
4,000€
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.