5 bedroom Townhouse for sale

5 bedroom Townhouse for sale

Biar, Alicante
125,000
 
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Ref: GM2267
Property marketed by InlandVillas Spain
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This large Townhouse in the centre Biar needs quite a lot of work doing to it but once reformed could be a stunning home. It’s walking distance to all shops and restaurants. It has 5 large bedrooms, a huge living room and a double garage.

Biar is located in the mountain range called “ Sierra Mariola”, Biar was once called Apiarium which comes from the Roman word for beehive because this area was rich in aromatic herbs which made for a very prosperous production in honey.

As you approach Biar you do not need to have eagle-eyes to contemplate its 12th century castle majestically overlooking this quaint village. The streets have names which are nicely shown on ceramic street plates as well as saint icons that decorate the colourful houses and antique lamp-posts adorn the walkways. Like many castles which are set upon the city’s hill, you need to have comfortable shoes to make the climb up through the narrow curvy pebble stone streets. But it is so well worth the effort once you are there, closer to heaven and beholding these intense sights of the valley of Vinalopo.

From the castle you are able to see the parish church of the Assumption of the Virgin ( Asuncion del Virgen ) which dates back to the 15th century and the front of the building done up in a Levantine-Plateresque style and as you can imagine has gone through a lot but can still be quite striking. Inside there is a shrine dedicated to the holy communion and an excellent piece of a type of Baroque architecture.

Property Features

  • View Video Tour
  • 5 bedrooms
  • 2 bathrooms
  • 244m² Build size
  • 326m² Plot size
  • Swimming Pool
  • Garage
  • Fireplace
  • Mains electric
  • Mains sewerage
  • Mains water

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,500€
Final Payment of 90% on completion
112,500€
 
Property Purchase Expenses
Property price
125,000€
Transfer tax 8%
10,000€
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.

Mortgage Calculator

Mortgage Amount:
125,000€
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Interest Rate:
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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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