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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.
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.
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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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