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Ref: AP462
Property marketed by Inland Andalucia
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Situated in the popular town of Rute in the Cordoba province of Andalucia, Spain is this ground floor, disability friendly, 2 bedroom Apartment. Located on a quiet, wide, level street with on-road parking right outside, you enter the building from a safe pavement into the communal hallway which has wheelchair access. From the communal entrance a door leads into the apartment hallway from where, on the right is a lounge, then a good size single bedroom followed by a shower room. There is also a larger double bedroom with air conditioning and a fitted kitchen with an utility area and access out into a patio space with a storage room. On the market for 47,000 euros this easy living, ground floor apartment would accommodate anyone with mobility issues, being sold part furnished, ready to move into and update.
Property Features
- 2 bedrooms
- 1 bathroom
- 73m² Build size
- 73m² Plot size
- Air Conditioning
- Close to Amenities
- Fitted Kitchen
- Investment Property
- Just needs updating
- On Street Parking
- Part Furnished
- Patio
- Storage Room
- Telephone
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,700€
Final Payment of 90% on completion
42,300€
Property Purchase Expenses
Property price
47,000€
Transfer tax 10%
4,700€
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.