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Ref: AP471
Property marketed by Inland Andalucia
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This spacious 2 bedroom first floor apartment with a large sun terrace is situated in the sought after town of Luque in the Cordoba province of Andalucia, Spain. Located on a wide level street with parking right outside, you enter the well maintained building from a safe pavement area into a communal reception space with a storage room on the right. Ahead the quality staircase takes you to the first floor landing and the apartment on the right with a corridor leading first to a very large bedroom with dual access onto Juliet balconies then another good size double bedroom also with a Juliet balcony. To the right is a large open lounge and dining space off which is the fitted kitchen with a tiled walk in pantry. Also off the lounge area is a spacious fully tiled bathroom and towards the rear you have direct access out onto a large sun terrace with a covered utility / laundry area. The apartment with great size rooms and outside space, in a sought after location, has been cleared and cleaned ready for you to furnish, move in and enjoy.
Property Features
- 2 bedrooms
- 1 bathroom
- 95m² Build size
- 106m² Plot size
- Charming Property
- Close to Amenities
- Fitted Kitchen
- Good Rental Potential
- Internet
- Investment Property
- Just needs updating
- Lounge Diner
- Near Public Transport
- On Street Parking
- Parking Space
- Patio
- Renovated
- Well Presented
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
2,200€
Final Payment of 90% on completion
46,800€
Property Purchase Expenses
Property price
52,000€
Transfer tax 10%
5,200€
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.