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Ref: TH3301282
Property marketed by Ideal Country Property
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Large townhouse in need of a complete reform in the centre of Alhaurín el Grande.
It is a very spacious property with beautiful views and offers lots of possibilities. Currently it is distributed in 6 bedrooms, living room, kitchen, a bathroom, outdoor patio area with storage rooms and an enclosed roof terrace with electricity and water, making it ideal for converting into a living area with summer kitchen.
There is space to make a one-car garage since the property currently has two doors.
It is a very spacious property with beautiful views and offers lots of possibilities. Currently it is distributed in 6 bedrooms, living room, kitchen, a bathroom, outdoor patio area with storage rooms and an enclosed roof terrace with electricity and water, making it ideal for converting into a living area with summer kitchen.
There is space to make a one-car garage since the property currently has two doors.
Property Features
- 6 bedrooms
- 1 bathroom
- 229m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
15,000€
Final Payment of 90% on completion
162,000€
Property Purchase Expenses
Property price
180,000€
Transfer tax 10%
18,000€
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.
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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.