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Property marketed by The Property Group
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**UNDER OFFER**This quality built 2 bedroom house with equestrian facilities is located within a fully fenced plot of 10,000m2 of relatively flat land The living accommodation extends to 60m2 plus a 14m2 covered porch Offered all on one level are spacious open plan living room /dining room and fully fitted kitchen, 2 double bedrooms and a bathroom The fitted kitchen hosts a built-in oven and electric hob The property has been built and finished to a high standard including double glazed windows throughout and the installation of aircon heating/ cooling in all rooms From the covered porch one can enjoy the fabulous views towards Álora pueblo and El Hacho and La Huma mountains and experience the wonderful sunsets which we enjoy in this part of Southern Spain throughout the year! The fully fenced plot of 10,000m2 land is relatively flat and access is excellent via an electric gate just a few metres from a quiet, tarmac road It is planted out with a variety of fruit trees The property has the OCA license for up to 5 horses and the current owners have developed an excellent equestrian facility including horse shelter, tack room, hay store and exercise yard and from the property one can trek out to the Andalucian countryside Mains electricity, high speed internet and community drinking water are all connected to this property Viewing highly recommended
Property Features
- 2 bedrooms
- 1 bathroom
- 600m² Build size
- 10,000m² Plot size
- Air Conditioning Hot/Cold
- Entrance Hall
- Countryside
- Covered Terrace
- Fruit Trees
- Gated Plot
- Mains Electricity
- Nearest Airport Malaga
- Short Drive To Bars/Restaurants
- Short Drive To Shops
- Wifi Internet
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
20,500€
Final Payment of 90% on completion
211,500€
Property Purchase Expenses
Property price
235,000€
Transfer tax 10%
23,500€
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.