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Ref: TH1074
Property marketed by Competa Properties S.L.
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In a quiet street in the village of Canillas de Albaida is this traditional house of approx. 140m2 on two floors and also with a storage room on the ground floor.
The house offers a spacious living-dining room, a sitting room, a kitchen and a bedroom on the first floor.
On the second floor there are two large bedrooms and a family bathroom. In addition, the house has a laundry room and a terrace that offers impressive views of the mountains.
This property, with some minor updates, has the potential to become a wonderful family home, ideal to live and enjoy this prime location. It could also generate additional income if it is decided to be used as a rental home.
The house offers a spacious living-dining room, a sitting room, a kitchen and a bedroom on the first floor.
On the second floor there are two large bedrooms and a family bathroom. In addition, the house has a laundry room and a terrace that offers impressive views of the mountains.
This property, with some minor updates, has the potential to become a wonderful family home, ideal to live and enjoy this prime location. It could also generate additional income if it is decided to be used as a rental home.
Property Features
- 3 bedrooms
- 1 bathroom
- 140m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,000€
Final Payment of 90% on completion
117,000€
Property Purchase Expenses
Property price
130,000€
Transfer tax 10%
13,000€
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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