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This lovely, bright, exceptionally spacious 3 bedroom apartment is located on the 2nd floor of a low rise apartment block in the historic centre of Álora pueblo It enjoys a South West orientation, hosting fabulous, uninterrupted views down the Guadalhorce valleyThe accommodation extends to 90m2 and comprises of a large , welcoming entrance/dining hall, a bright living room, 2 large double bedrooms plus a smaller bedroom, a shower room and a kitchenAircon heating and cooling has been installed and all mains services are connectedThis property offers the opportunity to acquire a comfortable family home or alternatively, could be exploited as a 2nd home or holiday letting propertyÁlora is a busy market town with a population of just under 13,000 inhabitants It has lots of amenities such as shops, restaurants, schools, sports facilities and a theatreLocated 38kms from Malaga city it is an easy half hour drive from Malaga International airport It is also less than 2 hours drive and thus an easy daytrip away from the main cities of Andalucia such as Granada, Seville and CórdobaThe famous " Caminito del Rey" which attracts tourists all year round, from throughout the World, is just 15 minutes drive from the propertyThe slogan for the town is ALORA VIVE which means " Alora Lives" and it certainly lives up to that There are always lots of cultural and sporting events taking place and Álora was recognise as being a municipality of special touristic interest since 2020There is also a fabulous, reliable and economical train service connecting Álora to Malaga city and international airport and right along the coast as far as the resort of Fuengirola
Property Features
- 3 bedrooms
- 1 bathroom
- 95m² Build size
- Air Conditioning Hot/Cold
- Close To Bus Station/Stop
- Entrance Hall
- Mains Electricity
- Mains Water
- Nearest Airport Malaga
- Nice Views
- Village Location
- Walk To Bars/Restaurants
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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Spanish Property News & Updates by Spain Property Portal.com
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.