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Ref: TH6009
Property marketed by Inland Andalucia
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This astonishing historical property, located in old town Martos, in the Jaen province of Andalucia, Spain, with stunning views, would be a legacy project. Lots of urgent work needs to be done to this property to make it liveable, but once finished, this would be like non-other, providing endless space and possibilities. The front pitch of the roof has been renewed. The property itself still has a lot of original features. Overall, the location is ideal, with parking outside, sunsets and next to the iconic church, yet at the same time away from the busy, loud streets of the main town. As a large family home, small hotel or B&B it would make a fascinating project. There is also a large patio with views over Martos at the back and at the front there is plenty of parking space and only a 5-minute walk away from shops, bars and the local indoor market. It is located by El Mirador, El Torre de Homenaje, and the remains of Castillo de la Villa.
Property Features
- 8 bedrooms
- 0 bathrooms
- 818m² Build size
- 654m² Plot size
- Close to Amenities
- Fireplace
- Full of Character
- Garden
- On Street Parking
- Patio
- Renovation Needed
- Spacious Accommodation
- Spectacular views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
700€
Final Payment of 90% on completion
33,300€
Property Purchase Expenses
Property price
37,000€
Transfer tax 10%
3,700€
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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