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Ref: M269198
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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This is a super opportunity for someone that wants to take on a project, middle in the village this is a townhouse with a construction at the moment of 80M2 on one level, know that you can do 4 levels here in total, that means 320M2 of property (4 apartments). It also touches both streets and is a long property, this property is an older property and last time parcially renovated over 20 years ago. It has a basement that is now closed down, but could be opened again and it has at this moment 3 bedrooms, 1 bathroom, fireplace, patio, fitted kitchen and a gorgeous and spacious terrace, though saying this, there are loads of possibilities and we think it needs preferably a full renovation. This could be 1 or several properties in the heart of the village, next to the school, swimming pool, playgrounds, doctor and all other facilities. Living here you do not need to have a car. Manilva is beautiful, modern, bit stil authentic village easy to reach from the tollroad and famous for its grapes and wine. Let us know if you have questions or would like to arrange a visit. We can assist the whole project and have a great architect and builders that can do the work, if you have the vision, we have the tools!
Property Features
- 3 bedrooms
- 1 bathroom
- 78m² Build size
- Orientation - North
- Setting - Close To Shops
- Setting - Close To Schools
- Features - Fiber Optic
- Category - Investment
- Category - Resale
- Parking - Street
- Features - Near Transport
- Features - Private Terrace
- Orientation - South West
- Features - Solarium
- Condition - Fair
- Furniture - Optional
- Climate Control - Fireplace
- Category - Bargain
- Setting - Close To Forest
- Category - Cheap
- Kitchen - Partially Fitted
- Category - Luxury
- Condition - Renovation Required
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,500€
Final Payment of 90% on completion
103,500€
Property Purchase Expenses
Property price
115,000€
Transfer tax 10%
11,500€
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.