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Ref: TH6011
Property marketed by Inland Andalucia
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This 2 bedroom, 2 bathroom townhouse, with a large sun terrace is situated in Molvizar a traditional Spanish village with around 3,000 residents and whitewashed houses, in the province of Granada in Andalucia, Spain. Surrounded by mountains, yet Molvizar is only a short drive from the coast. Located on a quiet street you enter the property into a reception area with a lounge diner on the left off which is a small tiled, covered internal patio with a fully tiled ground floor shower room. Both from the patio and the reception area you have access into the fitted kitchen. A quality staircase takes you to the first floor landing from where you have a family bathroom, a double bedroom and a spacious twin bedroom. The staircase continues to the second level and the large roof terrace with views over the town to the countryside beyond. Being sold part furnished the property is ready to move into and enjoy.
Property Features
- 2 bedrooms
- 2 bathrooms
- 90m² Build size
- 46m² Plot size
- Built to High Standards
- Charming Property
- Close to Amenities
- Fitted Kitchen
- Full of Character
- Good Rental Potential
- Guest Toilet
- Immaculate Condition
- Internet
- Investment Property
- Laundry Room
- Lounge Diner
- Near Public Transport
- On Street Parking
- Part Furnished
- Private Terrace
- Renovated
- Sun Terrace
- Well Presented
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,000€
Final Payment of 90% on completion
72,000€
Property Purchase Expenses
Property price
80,000€
Transfer tax 10%
8,000€
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.