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Ref: TH6051
Property marketed by Inland Andalucia
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This 3 to 4 bedroom Townhouse with a patio and sun terrace is situated in the popular town of Luque in the Cordoba province of Andalucia, Spain. Located on a quiet street you enter the property from a pavement area into a lounge then a reception space with a seating area that leads to a formal dining room. From the dining room a doorway leads into a patio space off which is a fully tiled bathroom and then to the kitchen. Outside steps from the patio take you up to a large sun terrace with views over the town, to the Castle and to the countryside beyond. Back in the reception space a staircase takes you to the first floor landing, which is being used as a bedroom and off which are 2 further double bedrooms. Steps from the landing lead to the second level where you have another 3 rooms, two of which are being used as bedrooms. On the market for 34,000 euros this property is an ideal DIY project being able to move into and renovate in your own time frame.
Property Features
- 3 bedrooms
- 1 bathroom
- 119m² Build size
- 67m² Plot size
- Built to High Standards
- Close to Amenities
- Fitted Kitchen
- Full of Character
- Good Rental Potential
- Ideal Family Home
- Internet
- Investment Property
- Laundry Room
- Lounge Diner
- Near Public Transport
- On Street Parking
- Part Furnished
- Patio
- Private Terrace
- Renovation Needed
- Storage Room
- Sun Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
400€
Final Payment of 90% on completion
30,600€
Property Purchase Expenses
Property price
34,000€
Transfer tax 10%
3,400€
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.