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Ref: am350
Property marketed by Olvera Properties
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What at first seems like a standard house in need of renovations and a new layout holds a surprise behind .
A typical entrance hall takes you into a central reception off which you have a living room to the front a bathroom and a basic kitchen but with the most stunning view right from the window , anyone would be happy to wash up or cook here !
Upstairs you have 3 bedrooms one a decent double and 2 small singles , then there is an extra space you pass through to access the terrace which has open views and a laundry / store room .
But back down stairs and a well hidden staircase takes you down to the basement level which is an open space and could be turned into anything you wish , maybe a garden lounge ? because its here we find the surprise , a back door lets out on to a sizeable outside space , which could be in the right hands amazing patios and garden space : possibly even a plunge pool . There is work to be done here but we believe the reward would be worth it
Floor Area: 104 Meters
Bedrooms: 3
Bathrooms: 1
Basement: 1
Property Features
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- 3 bedrooms
- 1 bathroom
- Swimming Pool
- floor area 104 meters
- bedrooms 3
- bathrooms 1
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,950€
Final Payment of 90% on completion
71,550€
Property Purchase Expenses
Property price
79,500€
Transfer tax 10%
7,950€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.