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Ref: 66010
Property marketed by Stratus International Properties
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This 180m² property, located in the charming village of Algueña, offers a unique combination of space and functionality. The home features 5 generously sized bedrooms, ideal for a growing family or for creating dedicated workspaces. A cozy fireplace adds warmth to the living area, making it perfect for relaxing evenings. The house boasts a practical layout with an interior patio and a large upper-level storage area, accessible from the rear of the property, offering ample room for your belongings or potential creative uses. Situated close to the mountains, the location is ideal for nature enthusiasts, while its good connectivity ensures easy access to local amenities. This home offers the perfect balance between rural tranquility and modern convenience. If you liked this property, do not hesitate to contact us to organize a visit, we will be happy to help you!
Property Features
- 5 bedrooms
- 1 bathroom
- 180m² Build size
- 180m² Plot size
- Mains Sewerage
- White Goods
- Security Grills
- Satellite TV
- Courtyard
- Fireplace
- Utility room
- Larder
- Part furnished
- Mains Water
- Mains Electric
- Telephone
- Internet
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,000€
Final Payment of 90% on completion
72,000€
Property Purchase Expenses
Property price
80,000€
Transfer tax 8%
6,400€
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.