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Ref: TH6057
Property marketed by Inland Andalucia
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On the market for 34,000 euros this 5 bedroom, 2 bathroom townhouse renovation project is situated in popular Castillo de Locubin, close to the historical city of Alcala la Real in the south of Jaen province in Andalucia, Spain. Located on a quiet street you enter the property into a reception area with seating and a lounge to the left, then to a ground floor double bedroom, on the right is the kitchen with an open fireplace and a pantry. Ahead a passageway leads to the patio area off which are 2 storage rooms, a ground floor shower room and steps up to another storage space. Back in the reception area , stairs take you to the first floor spacious landing from where you have, to the right, a twin bedroom with an ensuite bathroom and another double bedroom, on the left of the landing is a further double bedroom. The stairs continue to the second floor where you have a further 3 good size rooms.
Property Features
- 5 bedrooms
- 2 bathrooms
- 128m² Build size
- 95m² Plot size
- Close to Amenities
- Fireplace
- Fitted Kitchen
- Ideal Family Home
- Ideal for Country Lovers
- Internet
- Investment Property
- Lounge Diner
- Near Public Transport
- Part Furnished
- Patio
- Renovation Needed
- Spacious Accommodation
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.