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Property marketed by The Property Group
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This freshly presented, lower conversion, village house is located in the hamlet of Vega Hipólito, Pizarra It offers a lovely compromise between town and country living The accommodation extends to 120m2 and is offered all on one level comprising of a welcoming dining hall, a separate sitting room, a spacious dining kitchen, 4 bedrooms, an internal patio and a bathroom To the rear of the property, and with access, directly out to the Andalucian countryside, there is an expansive, 125m2 rear patio/ garden and a 19m2 outbuilding This is a very attractive private outdoor space hosting a variety of trees and shrubs and a kitchen garden The hamlet of Hipólito is located less than 2km from Pizarra pueblo with all of the amenities offered including a train station providing great transport links to Malaga city and international airport Although the property enjoys a semi rural location it has the advantage of being classified as an urban property with all mains services connected including mains drainage
Property Features
- 4 bedrooms
- 1 bathroom
- 110m² Build size
- 227m² Plot size
- Garden
- Mains Electricity
- Mains Water
- Outbuildings
- Short Drive To Bars/Restaurants
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,750€
Final Payment of 90% on completion
141,750€
Property Purchase Expenses
Property price
157,500€
Transfer tax 10%
15,750€
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.