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Ref: LC021
Property marketed by Competa Properties S.L.
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Very centrally situated in the viillage these four garages with the possiblity, subject to planning permission, to construct a house above have lots of potential.
The access is very good and they have a little piece of and ideal for using as a garden.
A good investment as you can rent the garages and gain a little return.
Definitely worth viewing.
The access is very good and they have a little piece of and ideal for using as a garden.
A good investment as you can rent the garages and gain a little return.
Definitely worth viewing.
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,500€
Final Payment of 90% on completion
112,500€
Property Purchase Expenses
Property price
125,000€
Transfer tax 10%
12,500€
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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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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.