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The property offers accommodation over 2 floors and is currently a blank canvas to be remodelled to the new owner's` taste and style. Once updated it could have 3 bedrooms, a living room, kitchen, bathroom and patio. There are also lovely views out over the town and on to the surrounding countryside and mountains.
This is a great project for someone who wants to add their own stamp to a property in this popular Spanish town.
The town of Martos is located on a western peak of the Sierra Jabalcuz mountain range. It belongs to the metropolitan Area of Jaén, which is considered to be the second most important city after the capital. The closest airport is Granada which is around 50 minutes away or the larger airport of Malaga is around 1 hour 3/4. Martos is considered to be the greatest producer of olive oil in Spain. The town is situated beneath the Cerro de la Peña, topped with the ruins of the castle of the same name. This compact town spreads out over the slopes of the hill, under the Castle of La Villa and the Church of Santa María. Its privileged location offers beautiful views over a vast sea of olive trees. There is a large outdoor market held weekly near the park and several fiestas' throughout the year. There is a large outdoor municiple pool open in the summer and an indoor pool open all year round. This is the perfect town for those wishing to experience the true Spanish lifestyle.
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Property Features
- 3 bedrooms
- 1 bathroom
- Near Transport
- Renovation Needed
- Near amenities
- Needs modernizing
- In Town Center
- Walk to shops
- Walk to bars
- Walk to restaurants
- Hospital 5 Km
Costing Breakdown
* 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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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.
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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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