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***UNDER OFFER***This charming traditional town house is located in one of the most prestigious streets in the centre of Álora pueblo Potentially offering up to 7 bedrooms and distributed over 4 levels, the accommodation extends to 298m2 At street level one enters into a very welcoming entrance vestibule with an attractive staircase, featuring antique tiles, leading up to the 1st floor The 1st floor currently offers a very large lounge / dining room, a separate sitting room which hosts 2 full length windows with Juliette balconies, which could alternatively be used as a bedroom, a kitchen and a further room, currently used as a bedroom, a walk -in pantry and a shower room, WC and washbasin From the kitchen and from the other room located to the rear of the property, one can access a very charming L shaped terrace and charming patio which hosts a large traditional bread oven, a wood store and a former stable, currently used as a workshop/storeroomThere is also a laundry room accessed from the terrace A particularly attractive feature of this property is a large internal covered central Andalucian patio which the current owners exploit as a study area/ library This property hosts some lovely traditional features including some lovely antique floor tiles throughout the property , some lovely antique carpentry and charming tiled staircases The staircase leading from the 1st floor to the 2nd floor is particularly attractive hosting a little window overlooking the library areaThe accommodation on the 2nd floor comprises of 4 bedrooms and 2 bathrooms and a further staircase leads to the 3rd floor which hosts 1 large very bright room which enjoys large windows on three walls and a feature fireplace Currently used as an artist's studio, this room enjoys lovely open views over the Andalucian countryside and to El Hacho mountain The property exudes lots of style and comfort and is obviously a much cherished family home although because of its location and generous proportions it could also offer potential for division in to more than one unit of accommodation or perhaps conversion in to a small boutique hotel
Property Features
- 4 bedrooms
- 2 bathrooms
- 298m² Build size
- 171m² Plot size
- Close to all Amenities
- Close To Bus Station/Stop
- Entrance Hall
- Mains Electricity
- Mains Water
- Walk To Bars/Restaurants
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
22,000€
Final Payment of 90% on completion
225,000€
Property Purchase Expenses
Property price
250,000€
Transfer tax 10%
25,000€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.