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Property of more than 300 m2 on a plot of 2,680.05 m2 very close to the town of Orba, completely to be renovated.
The current house has a completely open plan semi-basement floor with an access staircase and an outdoor porch. The ground floor has 4 bedrooms, living room, kitchen, bathroom and terrace and the first floor is a loft with terrace.
Property Features
- 4 bedrooms
- 1 bathroom
- 304m² Build size
- 2m² Plot size
Costing Breakdown
* 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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Mortgage Result
* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.
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.