6 bedroom Cave House for sale in Castillejar, Granada, Spain

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Ref: v2958

Property marketed by Colours of Andalucia Rusticom

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Three caves for sale sold as a group for renovation, located in the town of Castillejar, Granada in the heart of the Granada Geo-Park UNESCO site. The property has a large level fenced garden area at its front. These caves offer ample space and significant potential to be transformed into either a sizable residence or accommodations for rural tourism. Access is convenient with the property situated on flat terrain, and there is ample parking space available. Currently divided into three separate units, the caves are interconnected, facilitating the flexibility to rearrange rooms as desired. Mains services available for connection.

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Property Features

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6 bedrooms
0 bathrooms

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

0€

Final Payment of 90% on completion

21,000€

Property Purchase Expenses

Property price

24,000€

Transfer tax 10%

2,400€

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.

Mortgage Calculator

Mortgage Amount:

24,000€

Deposit:

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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.