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Ref: TTH575
Property marketed by Competa Properties S.L.
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This property is located in the city of Malaga, with easy access and only 15 minutes drive from Malaga Airport.
The interior of the property has 5 bedrooms, 2 living rooms, 1 bathroom, 2 kitchens and 1 terrace with southwest orientation where you can enjoy the beautiful views towards the city of Malaga. This property also has two independent entrances and could be converted into two independent houses. From the main entrance (Calle Tarquina), some stairs lead us to a porch, from here we access to the first part of the house where we find 2 living rooms (one of them could become the kitchen) and through a corridor, on the left hand side we have a small storage room that could be transformed into a bathroom. Stairs lead up to the first floor where we find the 3 bedrooms, 2 of which are single and 1 double with a balcony. Again, another flight of stairs leads to the roof terrace. If we go back to the ground floor, through the corridor some stairs lead us to the second part of the house where on the left hand side we find a bathroom with shower, next to it we find one of the kitchens, fully equipped. In this part of the house there are also two single bedrooms and a spacious living room fitted with air conditioning. From the living room a door leads to the second kitchen where we can also find the second entrance to the house.
The house also has a small room, which could be used as a storage room and on top of the property there is a plot of about 80m2 where it is possible to build several floors on top of it and to build several more independent flats.
With the potential it has and the good location this house offers, it could be a good investment to reform it and convert it into several flats to rent for long periods, both to students and families or also to use it as a large family home.
The interior of the property has 5 bedrooms, 2 living rooms, 1 bathroom, 2 kitchens and 1 terrace with southwest orientation where you can enjoy the beautiful views towards the city of Malaga. This property also has two independent entrances and could be converted into two independent houses. From the main entrance (Calle Tarquina), some stairs lead us to a porch, from here we access to the first part of the house where we find 2 living rooms (one of them could become the kitchen) and through a corridor, on the left hand side we have a small storage room that could be transformed into a bathroom. Stairs lead up to the first floor where we find the 3 bedrooms, 2 of which are single and 1 double with a balcony. Again, another flight of stairs leads to the roof terrace. If we go back to the ground floor, through the corridor some stairs lead us to the second part of the house where on the left hand side we find a bathroom with shower, next to it we find one of the kitchens, fully equipped. In this part of the house there are also two single bedrooms and a spacious living room fitted with air conditioning. From the living room a door leads to the second kitchen where we can also find the second entrance to the house.
The house also has a small room, which could be used as a storage room and on top of the property there is a plot of about 80m2 where it is possible to build several floors on top of it and to build several more independent flats.
With the potential it has and the good location this house offers, it could be a good investment to reform it and convert it into several flats to rent for long periods, both to students and families or also to use it as a large family home.
Property Features
- 5 bedrooms
- 1 bathroom
- 132m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,000€
Final Payment of 90% on completion
243,000€
Property Purchase Expenses
Property price
270,000€
Transfer tax 10%
27,000€
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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