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Ref: TH1150
Property marketed by Competa Properties S.L.
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This small and cozy townhouse offers an ideal living experience. Just a short walk to the local shops, banks, restaurantes and other amenities. Additionally, the beautiful beaches of the Costa del Sol are less than a 10-minute drive away, making this an excellent location for both relaxation and everyday living.
The property is designed on a single level, featuring a studio layout that maximizes the available space. The property comprises a small bathroom, a combined dining room and kitchen area, and a spacious bedroom.
This property holds great potential for both long-term and short-term rentals, making it a sound investment opportunity. With its excellent location, practical layout, and attractive price, it represents a fantastic chance to own a piece of this charming Spanish village.
The property is designed on a single level, featuring a studio layout that maximizes the available space. The property comprises a small bathroom, a combined dining room and kitchen area, and a spacious bedroom.
This property holds great potential for both long-term and short-term rentals, making it a sound investment opportunity. With its excellent location, practical layout, and attractive price, it represents a fantastic chance to own a piece of this charming Spanish village.
Property Features
- 1 bedroom
- 1 bathroom
- 30m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
2,800€
Final Payment of 90% on completion
52,200€
Property Purchase Expenses
Property price
58,000€
Transfer tax 10%
5,800€
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.