Townhouse for sale

Townhouse for sale

Archez, Málaga
36,000
 
  • Townhouse for sale
  • Townhouse for sale
  • Townhouse for sale
  • Townhouse for sale
  • Townhouse for sale
  • Townhouse for sale
  • Townhouse for sale
  • Townhouse for sale
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Ref: TH369
Property marketed by Competa Properties S.L. Competa Properties S.L.
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Situated in the charming mountain village of Archez with all local amenities within easy walking distance.
Although this property is in need of renovation the low price enables a prospective buyer to get a foot on the overseas property ladder. On three floors this little village house could be turned into a very charming holiday home. The property, once renovated, could be used to provide a rental income. One enters directly from the street into two rooms which could easily be converted into a living/dining room with kitchen. There is also a bathroom on this floor.
A flight of stairs lead up to a room which could be utilized as a double bedroom with a second flight of stairs leading up to a further room. Stairs from here lead up to the roof terrace with views of the village and the mountains.
This is a nice property which could make an ideal permanent residence or holiday home. It could be purchased in conjunction with ref TH370, which is just around the corner, giving a new owner a principal residence and another for rental purposes.

Property Features

  • 0 bedrooms
  • 1 bathroom
  • 45m² Build size

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
600€
Final Payment of 90% on completion
32,400€
 
Property Purchase Expenses
Property price
36,000€
Transfer tax 10%
3,600€
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:
36,000€
Deposit:
Interest Rate:
%
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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.

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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