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Well located house in centre of Villena for major reform. Charming End-Terrace Townhouse with Exceptional Potential – Prime Town Centre Location
We are delighted to present this spacious four-story end-terrace townhouse, situated in the heart of the town centre. This property offers incredible scope for transformation, making it an ideal project for those seeking to create a large family home or even a guesthouse in a thriving location.
Key Features:
Size and Layout: Four stories with an average of three generously-sized rooms per floor, with a large terrace on the top floor.
Renovation Opportunity: While the house requires a full renovation (including rewiring, plumbing, and structural updates), it offers the perfect canvas for a stunning restoration. The woodwork, particularly around window lintels, would benefit from being replaced to ensure longevity.
Location: Positioned on a picturesque corner, this property enjoys a prime location, with a new build currently under construction next door. You’ll be steps away from the heart of the town, with easy access to local amenities.
Potential: Whether you're looking to develop a spacious family home or a stylish guesthouse, this property provides endless possibilities for those with vision and determination.
Please Note: Due to the current condition of the property and lack of power, we regret that video footage is not available. However, we highly recommend viewing this unique opportunity in person to fully appreciate its charm and potential.
Property Features
- 6 bedrooms
- 1 bathroom
- Swimming Pool
- Mains sewerage
- Walking Distance To Town
Costing Breakdown
* 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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Mortgage Result
* 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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.