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Ref: M269857
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Such a fantastic opportunity to own your own perfect property in the center of Estepona old town.this house is situated in a great position with easy access to the main streets within walking distance to everything, amenities near, private terrace, street views, uncovered terrace, close to schools, close to the sea, close to playground.full renovation requiredcurrently has been set up to be two separate apartments but there is so much you could do, you could knock it down start again and add another level to the property.ground floor consists of living area, front bedroom (could be a garage), kitchen, bathroom, back bedroom.first floor has living area, kitchen, bathroom (shower room), two more bedrooms with a small light well.perfect for some as an investment or as a project to create the ideal home in the old town.
Property Features
- 4 bedrooms
- 2 bathrooms
- 70m² Build size
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
23,000€
Final Payment of 90% on completion
234,000€
Property Purchase Expenses
Property price
260,000€
Transfer tax 10%
26,000€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.