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Ref: CP616
Property marketed by Competa Properties S.L.
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Discover this charming country house near Competa in Spain. Completely refurbished, this single-level property offers a living room/kitchen with wood-burning cooker, three bedrooms (two with en-suite bathrooms), and an additional bedroom with independent access.
Outside, with fruit trees, barbecue and storage space, don't miss the opportunity to visit this property!
Outside, with fruit trees, barbecue and storage space, don't miss the opportunity to visit this property!
Property Features
- 3 bedrooms
- 2 bathrooms
- 50m² Build size
- 3,000m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,000€
Final Payment of 90% on completion
171,000€
Property Purchase Expenses
Property price
190,000€
Transfer tax 10%
19,000€
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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Spanish Property News & Updates by Spain Property Portal.com
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.