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Ref: TH6041
Property marketed by Inland Andalucia
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Situated in the popular town of Rute in the Cordoba province of Andalucia, Spain is this 4 bedroom 2 bathroom townhouse. Priced to Sell, being on the market for 40,000 euros, the property needs to be updated making it an ideal DIY project or as an investment opportunity. Located on a quiet street with on road parking close by you enter the townhouse into a tiled hallway that leads into a reception space with seating areas and off which is a formal dining room. Also off the reception space is a good size lounge from where you access the kitchen. Towards the rear a doorway leads to a small terrace and steps taking you to the basement where you have storage room, utility area and a bathroom that needs reforming. The staircase from the reception space takes you to the first floor landing from where you have a large front double bedroom with access out onto 2 Juliet balconies, a middle good size single bedroom, a twin bedroom and a fully tiled bathroom. The staircase continues to the second level into the 4th bedroom that has direct access out onto a private sun terrace with views over the town to the countryside beyond.
Property Features
- 4 bedrooms
- 2 bathrooms
- 117m² Build size
- 65m² Plot size
- Close to Amenities
- Fitted Kitchen
- Just needs updating
- On Street Parking
- Private Terrace
- Sun Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,000€
Final Payment of 90% on completion
36,000€
Property Purchase Expenses
Property price
40,000€
Transfer tax 10%
4,000€
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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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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