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Ref: MLSC9735107
Property marketed by The Property Group
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This country property has the benefit of being located in the countryside but being classified as "urban" and therefore offers the opportunity of further developmentSet on 752m2 of urban land just 4 kms from all of the amenities of Álora pueblo the property currently offers a 153m2 house plus a 12m2 store room , a patio, a kitchen garden / orchard and formal garden area around the houseThe main living accommodation is all on one level and currently offers a large lounge, a 2nd spacious sitting room which hosts a wood burning stove, 3 double bedrooms and a bathroom and there are also 2 further large rooms accessed from outside plus an outside toilet /laundry roomAll of the above is built around a bright patioThe separate store room / outdoor kitchen host a BBQ areaThe kitchen garden / orchard hosts a variety of fruit trees and the current owner grows a wide variety of vegetables and there is also room to build a swimming pool or extend the house, subject to relevant permissionsAll mains services are connectedLocated beside the tourist route to El Chorro and the attraction of the Caminito de Rey, this property offers great potential for development into a rural tourism business with just a little further investment
Property Features
- 3 bedrooms
- 1 bathroom
- 153m² Build size
- 752m² Plot size
- BBQ
- Fruit Trees
- Garden
- Mains Electricity
- Mains Water
- Patio
- Short Drive To Bars/Restaurants
- Storage Room
- Entrance Hall
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
23,000€
Final Payment of 90% on completion
234,000€
Property Purchase Expenses
Property price
260,000€
Transfer tax 10%
26,000€
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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