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Ref: M277049
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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This charming 200 square metre house in Teulada presents a unique opportunity for those seeking a property renovation project. With 8 bedrooms, there is ample space to reimagine and transform this dwelling into a magnificent home. While the house is currently in a state of disrepair, it offers a blank canvas for creative visionaries to bring their design ideas to life.Although the property is in need of a complete refurbishment, its potential is undeniable. With careful planning and renovation work, this house has the potential to be transformed into a stunning and spacious residence. The extensive size of the house provides versatility in terms of layout and room allocation, allowing for various possibilities to suit individual preferences and needs.While the property's condition may be challenging, it presents an excellent opportunity for investors or individuals with a passion for renovation projects. Don't miss out on this chance to unleash your creativity and transform this house into a beautiful and functional home. Contact us today to learn more and start envisioning the possibilities that await.
Property Features
- 8 bedrooms
- 4 bathrooms
- 200m² Build size
- 600m² Plot size
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,550€
Final Payment of 90% on completion
103,950€
Property Purchase Expenses
Property price
115,500€
Transfer tax 8%
9,240€
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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Spanish Property News & Updates by Spain Property Portal.com
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.