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Ref: MLSC886201
Property marketed by The Property Group
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Enjoying a good location on a principal street of Alora pueblo, this property offers a 3 bedroom apartment on the 1st floor and a 112 m2 supermarket premises at street level The supermarket is currently rented out and information regarding rental income is available on request to any serious potential buyer The living accommodation enjoys its own private access and occupies the 1st floor of the property The accommodation extends to 112 m2 and offers 3 double bedrooms, a large formal lounge, a separate living room, a dining kitchen, a bathroom and a laundry room There is also some pleasant outdoor space including a terrace directly off from the kitchen and a large rear patio Although in habitable condition, the living accommodation would benefit from a little updating
Property Features
- 3 bedrooms
- 1 bathroom
- 225m² Build size
- 147m² Plot size
- Close to all Amenities
- Close To Bus Station/Stop
- Entrance Hall
- Mains Electricity
- Mains Water
- Patio
- Walk To Bars/Restaurants
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,271€
Final Payment of 90% on completion
200,435€
Property Purchase Expenses
Property price
222,705€
Transfer tax 10%
22,271€
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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