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Ref: TH603
Property marketed by Competa Properties S.L.
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Impressive village house which is called " The Factory" right in the centre of the village with a unique history. The name derives from when it was the first factory producing olive oil in the area.
Some of the machinery has been preserved, it has a large private well and at the entrance there is store room where hidden in the floor is a large cellar where the olives were deposited
Adjoining this is the part where the owners family lived. The house has four bedrooms, two bathrooms, a kitchen with a covered terrace where one can enjoy eating alfresco, a dining room a large livign room and a beautiful terrace with magnificent views.
496 sq.m which would be a wonderful investment where one could create a tourist attraction reflecting the history or for someone who enjoys living in property which has memories of bygone times.
Undoubtedly a property to be seen.
Some of the machinery has been preserved, it has a large private well and at the entrance there is store room where hidden in the floor is a large cellar where the olives were deposited
Adjoining this is the part where the owners family lived. The house has four bedrooms, two bathrooms, a kitchen with a covered terrace where one can enjoy eating alfresco, a dining room a large livign room and a beautiful terrace with magnificent views.
496 sq.m which would be a wonderful investment where one could create a tourist attraction reflecting the history or for someone who enjoys living in property which has memories of bygone times.
Undoubtedly a property to be seen.
Property Features
- 4 bedrooms
- 4 bathrooms
- 382m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,500€
Final Payment of 90% on completion
265,500€
Property Purchase Expenses
Property price
295,000€
Transfer tax 10%
29,500€
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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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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