3 bedroom Cave House for sale in Caniles, Granada, Spain

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Ref: v2564

Property marketed by Colours of Andalucia Rusticom

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Fully renovated cave house sold with approximately 10 ha (25 acres) of farmland. The cave has a beautiful finish and is ready to move into. Perfect location for horses. Land is suitable for also planting trees/self sufficient farm. Located in the Caniles, Granada area, just a few minutes from the Sierra Baza National Park. All amenities within a 10 minute drive of the house. Mains water and electric. -------------------------------------- The cave has a total of 6 rooms, with 2 - 3 bedrooms, living room, kitchen and bathroom. Large, private terrace area with room for parking in front of the house. The land is to the front of the property, leading up the valley. It is currently used for planting wheat and oats.

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Property Features

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3 bedrooms
1 bathroom

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

12,900€

Final Payment of 90% on completion

143,100€

Property Purchase Expenses

Property price

159,000€

Transfer tax 10%

15,900€

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.

Mortgage Calculator

Mortgage Amount:

159,000€

Deposit:

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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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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.