6 bedroom Townhouse for sale in Periana, Málaga, Spain

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Ref: M268601

Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )

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OPPORTUNITY TO DEVELOP: Casa Penas has a preferred corner location near the top of Periana villa, yet its still central. The property is structurally sound and has 5 beds but only one bathroom at present. A full modernisation is required but there are ample outh houses already in place with seperate walled parking for 5 - 6 vehicles, various store rooms / sheds and a very unique 20m+ cave which could become a bodega/ a den. There are also gardens on a lower terrace with fruit trees and the space for a swimming pool upon application. All the land is fully urban so therefore can be developed. Possibly one of the best village plots with huge potential to increase living space and create a very unique scenario with rental potential as well as a large comfortable home for full tme living/ B&B possibilities.

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Property Features

6 bedrooms
1 bathroom
177m² Build size
334m² Plot size
close to schools
mountain views
Garage
Mains Water
Mains Electricity
Country Views
Mains Sewerage
Close to medical centre
Parking - Off Road
Childrenand#39;s play area
White-Goods Included
Walking distance to shops, restaurants, ...
Corner plot
Mature Gardens
Part-Furnished
Internet Available
2 Entrances
Landline Telephone Available
Walled Plot
Log Burner/Fireplace
X

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

8,995€

Final Payment of 90% on completion

107,955€

Property Purchase Expenses

Property price

119,950€

Transfer tax 10%

11,995€

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.

Mortgage Calculator

Mortgage Amount:

119,950€

Deposit:

€

Interest Rate:

Period:

Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Spanish Property News & Updates by Spain Property Portal.com

Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.