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Ref: MLSC5959172
Property marketed by The Property Group
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This is a reformation project set near mascivenda and barinas It is part cave house and part house in need of total restoration - there are two separate title deeds, one for each The combined area of both properties is approximately 160m2 Both are set on a plot of approximately 4000 m² Which is ideal for creating a private retreat/garden area or indeed living off the land should you desire There is a long track access (approximately 4 km), no electric or water at the property please note this is a total reform there are currently no bedrooms or bathrooms but there is space to make at least 3 bedrooms and 1 or 2 bathroomsWe are specialists in the Costa Blanca and Costa Calida specialising in the Alicante and Murcia Inland regions with a particular emphasis on Elda, Pinoso, Aspe, Elche and surrounding areas We are an established, well known and trusted company that has built a solid reputation amongst buyers and sellers since we began trading in 2004 We offer a complete service with no hidden charges or surprises, starting with sourcing the property, right through to completion, and an unrivalled after sales service which includes property management, building services, and general help and advice to make your new house a home With a portfolio of well over 1400 properties for sale, we are confident that we can help, so just let us know your preferred property, budget and location, and we will do the rest
Property Features
- 3 bedrooms
- 1 bathroom
- 160m² Build size
- 4,000m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
100€
Final Payment of 90% on completion
27,896€
Property Purchase Expenses
Property price
30,995€
Transfer tax 8%
2,480€
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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