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Ref: TH6032
Property marketed by Inland Andalucia
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PRICED TO SELL! Discover this 2 bedroom townhouse on the outskirts of Alcaucín in the province of Málaga in Andalucia, Spain, offering unique potential for comfortable living or investment. Divided into two distinct sections, one part features a space for a kitchen with a open wood fire, a bathroom with a shower and a bedroom. The other section includes a space that you could transform into a spacious living area with an additional bedroom or perfect if you looking to create your own home office. There is an extra lower ground level measuring 1.70 meters high which provides for ample storage space, ensuring your belongings are easily organized. The property comes with an extra generous plot of 1,137 m², just a five minute walk away, adorned with beautiful olive trees, ideal for those seeking a peaceful retreat. While the house may need some TLC, its potential is limitless. Don't miss the chance to make this unique property your own in the picturesque surroundings of Alcaucin!
Property Features
- 2 bedrooms
- 1 bathroom
- 79m² Build size
- 1,137m² Plot size
- Fireplace
- Fruit Trees
- Ideal for Country Lovers
- Investment Property
- Just needs updating
- On Street Parking
- Sought After Area
- Spacious Accommodation
- Spectacular views
- Storage Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
3,650€
Final Payment of 90% on completion
59,850€
Property Purchase Expenses
Property price
66,500€
Transfer tax 10%
6,650€
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.