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Property marketed by Olvera Properties
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Narrow Escape is a super cute little townhouse for sale that needs quite a bit of work, the roof as well, it will need some extensive work, to make it into a cute little hideaway. It would provide a nice sized one to two bedroom quirky home with internal patio , it's currently being used as a bike storage but would be cleared out and cleaned before purchase. Lots of quirky features and in one of our favourite streets with parking close, as well as little corner shops and bars dotted within a short walk.
Floor Area: 140
Bedrooms: 2
Bathrooms: 1
Property Features
- 2 bedrooms
- 1 bathroom
- floor area 140
- bedrooms 2
- bathrooms 1
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
19,000€
Property Purchase Expenses
Property price
22,000€
Transfer tax 10%
2,200€
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.