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Property marketed by Olvera Properties
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Situated at the base of the peak on which sits the castle dominating the skyline of Olvera, Pico Perfect townhouse is structurally perfect but needs work to make it a beautiful home.
A few steps up from the market square the house is ideal to reach all the town's amenities. Entering through a large double door there is a large open space that would provide perfect open plan living, dining and kitchen space. Up a flight of stairs and we have the bedroom area which again, needs dividing walls built to create the space to suit the new owner.
A further flight of stairs leads to an attic area which has been renovated to ensure the building and roof is sound but which is still in the 'bruto' stage. This would allow a new owner to open up part of the roof to create a roof terrace with the rock of the castle peak as the backdrop.
This property is a blank canvas just waiting for a new owner to complete the works with the end result of a spacious house in the centre of the town.
Floor Area: 150
Bedrooms: 3
Bathrooms: 2
Property Features
- 3 bedrooms
- 2 bathrooms
- floor area 150
- bedrooms 3
- bathrooms 2
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,900€
Final Payment of 90% on completion
44,100€
Property Purchase Expenses
Property price
49,000€
Transfer tax 10%
4,900€
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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