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Ref: TH6050
Property marketed by Inland Andalucia
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This large 281m2 build, family home is situated on the main street in the centre of town, close to the local town square, shops bars and restaurants. The town of Sierra de Yeguas in the Malaga province of Andalucia, Spain, offers all the necessary local amenities and is only a short 10 minute drive from Fuente de Piedra and the beautiful flamingo lagoon. The property is in need of work throughout with some modernisation required, the current owners replaced all wooden windows with aluminium to the front of the property and updated the bathroom. The property has two ground floor bedrooms, a lounge, dining room and a kitchen that leads out to a walled courtyard with access to an exterior bathroom, utility room and storage room. The patio continues to a second private courtyard and to a large workshop / storage room within the generous 276m2 town plot. On the first floor of the property a central landing opens to 2 front bedrooms with newly installed French doors and on to a separate large room with beamed ceilings which could be finished as more living space if required.
Property Features
- 4 bedrooms
- 1 bathroom
- 281m² Build size
- 276m² Plot size
- Close to Amenities
- On Street Parking
- Patio
- Separate Diner
- Spacious Accommodation
- Storage Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,500€
Final Payment of 90% on completion
94,500€
Property Purchase Expenses
Property price
105,000€
Transfer tax 10%
10,500€
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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