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Ref: TH1067
Property marketed by Competa Properties S.L.
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This town house, is of prime location very close to the centre of competa within walking distance from all amenities and the centre of the village. This property has lots of potential and could be a great investment.
The windows of this town house are double glazed aluminum.
An additional advantage that this property has, is a garage with easy access and an additional store room of which can easily be acceessed from the interior of the property.
A wonderful light and spacious town house in an excellent location, perfect for permanent residence or holiday living.
The windows of this town house are double glazed aluminum.
An additional advantage that this property has, is a garage with easy access and an additional store room of which can easily be acceessed from the interior of the property.
A wonderful light and spacious town house in an excellent location, perfect for permanent residence or holiday living.
Property Features
- 4 bedrooms
- 2 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,950€
Final Payment of 90% on completion
179,550€
Property Purchase Expenses
Property price
199,500€
Transfer tax 10%
19,950€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.