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Ref: TH1164
Property marketed by Competa Properties S.L.
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Discover an architectural gem in the heart of Salares! This impressive village house, located in the charming Axarquía municipality of Málaga, will transport you back to medieval times with its fortress-like or castle-style design. With 222 m² of built area and 136 m² of usable space, this property offers endless possibilities for you to customize it to your liking. It’s a blank canvas for creating the home of your dreams, as the current layout can easily be modified.
The current layout is as follows:
A large, bright living room with a kitchen, perfect for family gatherings or dinners with friends. From the master bedroom, you can enjoy spectacular views of the valley, while the two additional bedrooms, along with the living room and bathroom on the next floor, provide space and comfort for the whole family.
The crown jewel of this property are the two terraces: one with unique views of the village and the mountains, and a higher one that will make you feel like an authentic caliph. It also includes a storage room for additional space. Although it’s a second-hand property and requires renovations, its potential is undeniable.
Don’t miss the opportunity to live in a place full of history and charm. Come and discover your new home in Salares!
The current layout is as follows:
A large, bright living room with a kitchen, perfect for family gatherings or dinners with friends. From the master bedroom, you can enjoy spectacular views of the valley, while the two additional bedrooms, along with the living room and bathroom on the next floor, provide space and comfort for the whole family.
The crown jewel of this property are the two terraces: one with unique views of the village and the mountains, and a higher one that will make you feel like an authentic caliph. It also includes a storage room for additional space. Although it’s a second-hand property and requires renovations, its potential is undeniable.
Don’t miss the opportunity to live in a place full of history and charm. Come and discover your new home in Salares!
Property Features
- 3 bedrooms
- 1 bathroom
- 136m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,200€
Final Payment of 90% on completion
136,800€
Property Purchase Expenses
Property price
152,000€
Transfer tax 10%
15,200€
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.