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Ref: TH6014
Property marketed by Inland Andalucia
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This beautifully presented 3 Bedroom, 2 Bathroom Townhouse comes with a Casa Rural Licence, situated in the town of Frailes near to the popular and historical city of Alcala la Real in the south of Jaen province in Andalucia, Spain. Located on a wide street with on road parking right outside the property, you enter the townhouse from a safe pavement area in to a good size open plan lounge, formal dining space and a kitchen area, a ground floor shower room and a small patio utility area. Stairs lead to your first floor where you have a double bedroom and another large bedroom, the stairs continue to the 2nd floor where you have a spacious lounge with a wood burner, a shower room and a further double bedroom. Frailes has lots of amenities including many renowned restaurants, as well as natural springs that run through the town and being surrounded by nature parks it is a popular base for mountain bikers, walkers and cyclists. The Casa Rural, B&B Property has internet, telephone and town water connections, being sold part furnished is ready for you to move into and could produce an income as soon as you wish, whilst you enjoy the warm sunshine of southern Spain.
Property Features
- 3 bedrooms
- 2 bathrooms
- 132m² Build size
- 108m² Plot size
- B&B potential
- Charming Property
- Close to Amenities
- Fireplace
- Fitted Kitchen
- Full of Character
- Good Rental Potential
- Ideal Family Home
- Ideal for Country Lovers
- Immaculate Condition
- Internet
- Investment Property
- Laundry Room
- Lounge Diner
- Near Public Transport
- On Street Parking
- Part Furnished
- Patio
- Renovated
- Storage Room
- Tastefully Decorated
- Well Presented
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,800€
Final Payment of 90% on completion
70,200€
Property Purchase Expenses
Property price
78,000€
Transfer tax 10%
7,800€
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.