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Ref: 67002-SS
Property marketed by Stratus International Properties
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Spacious Townhouse with Endless Potential in AlgueñaThis 520 m² townhouse on a 970 m² plot offers incredible opportunities for a large family home. Located in the picturesque village of Algueña, the property features:Interior: 6 large bedrooms, 4 bathrooms, 3 indoor kitchens, a summer kitchen on the balcony, and 4 versatile living spaces.Exterior: A partially covered patio, a 400 m² green area, and a large tarmac parking area with space for several vehicles. The plot allows for the addition of a swimming pool.Additional Features: Two large garages suitable for storage, workshops, or conversion into guest apartments. Utilities, including water, electricity, and internet, are fully connected.About the AreaAlgueña is a charming village surrounded by beautiful countryside, offering a peaceful lifestyle with modern conveniences. Local shops, cafes, and amenities are within walking distance. The property is just 40 minutes from Alicante Airport and the Costa Blanca's sandy beaches, making it an ideal location for families or tourism ventures.This property is habitable but requires some renovations to unlock its full potential. With ample living space, flexible layouts, and outdoor possibilities, it's a fantastic opportunity for customization. Contact us today to arrange a visit!We have a large portfolio of properties in the Costa Blanca and Costa Calida areas, specialising in country properties, villas, fincas, building plots and design and build options in the Alicante and Murcia regions with a particular emphasis on Elda, Monovar, Pinoso, Sax, Villena, Aspe, Fortuna, Albacete and many more surrounding areas. We have been established since 2004 and have decades of experience between the team which we bring to bear to help you find and secure your new dream home. We help you every step of the way to make sure your purchase in Spain is safe and hassle free. We are not here to sell you a property, we are here to help you realise your dream and find what is right for you. With us you are in the safest hands. Contact us now to have a no obligation chat about how you too can realise your dreams.
Property Features
- 6 bedrooms
- 4 bathrooms
- 520m² Build size
- 970m² Plot size
- Balcony
- Storage
- Mains Sewerage
- Fenced plot
- Open Terrace/Patio
- Fireplace
- Garage
- Mains Water
- Mains Electric
- Telephone
- Internet
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,500€
Final Payment of 90% on completion
121,500€
Property Purchase Expenses
Property price
135,000€
Transfer tax 8%
10,800€
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.