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Ref: TH5918
Property marketed by Inland Andalucia
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This 163m2 build 3 to 5 bedroom, 2 bathroom Townhouse is situated in popular Castillo de Locubin, in the south of Jaen province in Andalucia, Spain. You enter the property into a wide hallway with a lounge on the left that leads into a fully tiled kitchen space off which is a ground floor shower room. To the right of the hallway is a good size formal dining room, the staircase takes you to the first floor where you have, to the right a fully tiled bathroom and a bedroom, on the left is a spacious landing off which are 2 good size double bedrooms. The staircase continues from the landing to the second level where you have a further 2 bedrooms and access out onto a large private terrace with far-reaching countryside views. The property has been cleared ready to renovate and add value, it is an ideal DIY project or as an investment property.
Property Features
- 5 bedrooms
- 2 bathrooms
- 163m² Build size
- 81m² Plot size
- Close to Amenities
- Fireplace
- Investment Property
- Just needs updating
- Laundry Room
- Near Public Transport
- Patio
- Private Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
2,200€
Final Payment of 90% on completion
46,800€
Property Purchase Expenses
Property price
52,000€
Transfer tax 10%
5,200€
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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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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