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Ref: VL1197
Property marketed by Inland Andalucia
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This detached Chalet style Villa in Competa, located in the beautiful Malaga province of Andalucia, Spain, offers plenty of potential for those looking to create their dream home. The property features a private pool and stunning mountain views. However, the house requires some TLC and finishing touches to fully reach its potential and make it your home. Upon entering the main house, you will see a large open living room that leads to a kitchen space. The main house also includes three bedrooms, all with fitted wardrobes and radiators, providing comfortable living spaces. A family bathroom with shower and bath completes the layout of this section of the villa. The property also boasts a separate guest apartment, which can be accessed through a side entrance. This apartment is ideal for guests or as a rental unit, featuring its own bedroom, bathroom and kitchen space for independent living. The outdoor area around the pool offers plenty of space for lounging, entertaining or landscaping. With some refurbishment, this easy living, one level villa could become an ideal family home or investment property, combining privacy and versatility in one of the most charming towns in Andalucia. Located just 20 minutes from Torre del Mar beach and 1 hour to Malaga airport, what are you waiting for?
Property Features
- 4 bedrooms
- 2 bathrooms
- 193m² Build size
- 2,706m² Plot size
- Swimming Pool
- Barbecue House
- Detached
- Fireplace
- Garden
- Ideal for Country Lovers
- Just needs updating
- One Level
- Patio
- Private Pool
- Private Terrace
- Separate Diner
- Spacious Accommodation
- Spectacular views
- Sun Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,500€
Final Payment of 90% on completion
265,500€
Property Purchase Expenses
Property price
295,000€
Transfer tax 10%
29,500€
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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