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Ref: OPGA110
Property marketed by OP Group Spain
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This property would make an ideal home for someone wanting to put in some home improvements. The house is sound but needs some attention and updating. it consists of 3 bedrooms all doubles, bathroom with shower., country style kitchen and a living area with fireplace. There is a veranda outside with 4 steps going down to the garden area which has a large 10x5 swimming pool that needs some work as it has not been used in a few years. The plot is large and includes a outdoor kitchen and two buildings that were used for housing animals but would make suitable storage rooms. There is a lot of potential here to add value and turn it into your perfect retirement villa or for those working in the cities of Alicante, Elche or the airport.
The location is a 5 minute drive into the town of El Altet with all amenities such as supermarkets, shops, doctors, pharmacy, school, banks etc it is also only a 5 minute drive to Alicante airport and only 5km a 10 minute drive to the beach. Alicante city is a 15 minute drive.
The location is a 5 minute drive into the town of El Altet with all amenities such as supermarkets, shops, doctors, pharmacy, school, banks etc it is also only a 5 minute drive to Alicante airport and only 5km a 10 minute drive to the beach. Alicante city is a 15 minute drive.
Property Features
- 3 bedrooms
- 1 bathroom
- 74m² Build size
- 1,200m² Plot size
- Swimming Pool
- Balcony
- Bbq
- Garden
- Kitchen/Dining
- Off street parking
- Private pool
- Separate Kitchen
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,995€
Final Payment of 90% on completion
134,955€
Property Purchase Expenses
Property price
149,950€
Transfer tax 8%
11,996€
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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