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Ref: TH31406
Property marketed by Ideal Country Property
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Large traditional Spanish townhouse in the centre of town with a private roof terrace and patio. With having 4 bedrooms, one bathroom and being built over two storeys, the house offers various living options.
This would be perfect as a family home or to rent out as a source of income, seeing as it is in a great location for accessing the famous local attractions of the Caminito del Rey and the beautiful El Chorro Lakes.
Water and electricity are currently not connected. House needs reforming/modernising.
Álora, like many rural villages in Andalusia, has a lot of history. According to the Town Council website, it is halfway between the sea and the interior of Málaga province, at the foot of Mount Hacho and overlooking the Vega del Río Guadalhorce.
This would be perfect as a family home or to rent out as a source of income, seeing as it is in a great location for accessing the famous local attractions of the Caminito del Rey and the beautiful El Chorro Lakes.
Water and electricity are currently not connected. House needs reforming/modernising.
Álora, like many rural villages in Andalusia, has a lot of history. According to the Town Council website, it is halfway between the sea and the interior of Málaga province, at the foot of Mount Hacho and overlooking the Vega del Río Guadalhorce.
Property Features
- 4 bedrooms
- 1 bathroom
- 125m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,000€
Final Payment of 90% on completion
126,000€
Property Purchase Expenses
Property price
140,000€
Transfer tax 10%
14,000€
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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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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.