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Property marketed by Larrondo Servicios Inmobiliarios
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74.000€ CASTELLON, ALBOCASSER. Renovated town house for sale in the centre, with ground floor + 3 floors, plus a plot of 238 m2. The ground floor has an entrance hall, living room, toilet, large kitchen with access to the garden area. On the 1st floor there are 3 bedrooms and a bathroom. On the 2nd floor there is a bedroom and a large open-plan area, the 3rd floor is an open-plan area with sloping ceilings. The house consists of 284 m2 with 71 m2 per floor, plus 238 m2 of land divided into a barbecue area with a well and a vegetable garden.
Property Features
- 4 bedrooms
- 2 bathrooms
- 520m² Build size
- None
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,400€
Final Payment of 90% on completion
66,600€
Property Purchase Expenses
Property price
74,000€
Transfer tax 10%
7,400€
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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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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.