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Ref: TH6077
Property marketed by Inland Andalucia

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This spacious 3 bedroom property is situated in the popular town of Mollina, in the Malaga province of Andalucia, Spain. Located within easy walking distance to all the local amenities the town has to offer including shops, bars, restaurants and great municipal sports facilities, including a swimming pool and gardens that are open to the public all the summer. To the front of the property there is access to a private garage and storage room which once inside opens directly in to the house. The main entrance opens in to a good size living room which gives access to a ground floor bedroom and nicely fitted kitchen diner. The kitchen opens on to a small patio / courtyard with a full bathroom and utility room. On the first floor a central stairwell opens to a good size double bedroom on the right and another double bedroom on the left. The vendors have updated both the windows and the electrics throughout the 175m2 build property.
Property Features
- 3 bedrooms
- 1 bathroom
- 175m² Build size
- 135m² Plot size
- Close to Amenities
- Fitted Kitchen
- On Street Parking
- Patio
- Private Garage
- Spacious Accommodation
- Storage Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,500€
Final Payment of 90% on completion
130,500€
Property Purchase Expenses
Property price
145,000€
Transfer tax 10%
14,500€
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.