Country House for sale in Frailes, Jaén, Spain

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Ref: CJ863

Property marketed by Inland Andalucia

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Situated in Puerto Blanco close to the town of Frailes and the historical city of Alcala la Real in the south of Jaen province in Andalucia, Spain. This detached Cortijo has mains water and electricity and is in need to renovation. With off road parking you enter the property via large double gates into a front patio space with seating areas and wonderful far-reaching countryside views. A vine covered doorway leads into the ground floor room with stairs taking you to the first floor and to another good size room. Stairs to the side of the property lead to additional mature gardens which include a brick built dog kennel at the rear of the property. For the non professional renovator or builder this is one to view with an architect or surveyor to determine what can be erected on the site.

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Property Features

0 bedrooms
0 bathrooms
53m² Build size
400m² Plot size
Detached
Garden
Ideal for Country Lovers
Investment Property
Off Road Parking
Renovation Needed
Spectacular views

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

0€

Final Payment of 90% on completion

25,000€

Property Purchase Expenses

Property price

28,000€

Transfer tax 10%

2,800€

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:

28,000€

Deposit:

€

Interest Rate:

Period:

Mortgage Result

* 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%.