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Property marketed by The Property Group
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This substantial village house is located in a quiet street in the centre of Álora pueblo With a total build size of 152m2 and the advantage of having access from 2 parallel streets ,the accommodation is distributed over 4 levels The main living accommodation is provided at street level and on the 1st floor and currently offers 3 bedrooms, 3 living rooms, kitchen and bathroom but some redistribution of the accommodation to include the semi basement could provide a further 3 bedrooms and a garage or perhaps even 2 or more seperate units of accommodation This property also has a fabulous roof terrace which hosts almost 360° views over Álora pueblo and the Andlaucian countryside beyond This property has been a much cherished family home but could also be adapted to provide rural tourism accommodation Competitively priced at 159000€
Property Features
- 3 bedrooms
- 1 bathroom
- 152m² Build size
- 69m² Plot size
- Mains Electricity
- Mains Water
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,000€
Final Payment of 90% on completion
117,000€
Property Purchase Expenses
Property price
130,000€
Transfer tax 10%
13,000€
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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