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Ref: MLSC1285237
Property marketed by The Property Group
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This very spacious village house offers endless potential It is currently in habitable condition but with a little further investment could be transformed into a very special property offering a potential for a large family home, two separate apartments or indeed for exploitation as a small hotel The accommodation is offered over two levels At street level, one enters through a very attractive entrance hall into a sitting room which enjoys a beamed ceiling and an ornamental fireplace There is a very large room currently used as a bedroom on this level plus a second sitting room A small kitchenette completes the accommodation at this level The upper level offers 4 rooms plus a large dining/kitchen and a shower room The upper level can be accessed by an internal staircase but also has the advantage of an entrance from the street with a staircase leading up to the accommodation, this currently offering two separate apartments One of the main features of this property is the very generous rear patio on three levels off which there is a two storey outbuilding measuring 15x35 m on the upper level and slightly smaller at the lower level This outbuilding could be converted into further living accommodation This property offers any buyer a great possibility for further development into a very attractive piece of Real Estate
Property Features
- 4 bedrooms
- 1 bathroom
- 330m² Build size
- 262m² Plot size
- Entrance Hall
- Internet Available
- Many Special Features
- Outbuildings
- Spacious Accommodation
- Storage Room
- Village Location
- Walk To Bars/Restaurants
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,726€
Final Payment of 90% on completion
114,534€
Property Purchase Expenses
Property price
127,260€
Transfer tax 10%
12,726€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.