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Ref: TH4920
Property marketed by Inland Andalucia
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Great lock up and go house with the possibility of expanding the terrace if bought with the house next door, which is also for sale by the same owner (TH4923) Enter the front door into the lounge diner with the kitchen straight ahead and off to the right. The stairs on the left lead to the first floor where there is a large landing off which is a bedroom and a bathroom and stairs going up to the attic room with access to the terrace from where there are some very nice views over Martos.
Property Features
- 2 bedrooms
- 1 bathroom
- 66m² Build size
- 29m² Plot size
- Close to Amenities
- Near Public Transport
- Private Terrace
- Renovation Needed
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
19,000€
Property Purchase Expenses
Property price
22,000€
Transfer tax 10%
2,200€
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.