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Ref: TH2346
Property marketed by Inland Andalucia
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Located in the popular village of Castillo de Locubin, Jaen we have this large townhouse ready for its new owners to bring back to life. A very large property with plenty of character and set over 3 floors. The property has an internal patio, terrace on the second floor, nice big loft with fantastic views. Good parking and 5minutes from Alcala la Real and 40 minutes from Granada airport. With both electric and water still connected this is the perfect opportunity to get yourself on the Spanish property ladder and invest. If your liking what you see then do not hesitate to book your appointment to view today!
Property Features
- 3 bedrooms
- 1 bathroom
- 129m² Build size
- 67m² Plot size
- Close to Amenities
- Fireplace
- Full of Character
- Ideal for Country Lovers
- Investment Property
- Near Public Transport
- On Street Parking
- Patio
- Private Terrace
- Renovation Needed
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
23,000€
Property Purchase Expenses
Property price
26,000€
Transfer tax 10%
2,600€
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.