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We have on offer a bungalow in the lovely village of Monte Lope Alvarez, Jaen province in Andalucia, Southern Spain. It requires some updating and modernisation works but has the bonus of a large garden of 100 m2, so room for a pool or growing plants, fruit and vegetables.
The property is located in a great area, next to a square, with plenty of space for parking. Amenities including shops, bars, and a bank are all within walking distance.
The bungalow has 3 good-sized bedrooms, a large lounge, family bathroom, kitchen and utility area. The patio has storage rooms and large garden area, ideal for a pool or barbecue area.
This is a sturdy bungalow with fantastic outside space, which is ready to be modernised and enjoyed.
The village of Monte Lope Alvarez is surrounded by open countryside full of olive trees where you can go walking and enjoy nature. It has wide, flat streets, its own bakery, local shops and bars, plus a playground area for children. The busy town of Martos is just 15 mins drive where you find everything you need and there is a local bus service from this village to Martos too.
(We pride ourselves on responding to every property enquiry, so please check your Spam Folder if you are waiting for a reply)
The property is located in a great area, next to a square, with plenty of space for parking. Amenities including shops, bars, and a bank are all within walking distance.
The bungalow has 3 good-sized bedrooms, a large lounge, family bathroom, kitchen and utility area. The patio has storage rooms and large garden area, ideal for a pool or barbecue area.
This is a sturdy bungalow with fantastic outside space, which is ready to be modernised and enjoyed.
The village of Monte Lope Alvarez is surrounded by open countryside full of olive trees where you can go walking and enjoy nature. It has wide, flat streets, its own bakery, local shops and bars, plus a playground area for children. The busy town of Martos is just 15 mins drive where you find everything you need and there is a local bus service from this village to Martos too.
(We pride ourselves on responding to every property enquiry, so please check your Spam Folder if you are waiting for a reply)
Property Features
- 3 bedrooms
- 1 bathroom
- 110m² Build size
- 210m² Plot size
- Fireplace
- Near Transport
- One Level
- Storage
- Near amenities
- Needs modernizing
- In Town Center
- Tiled Bathroom
- Tiled Floors
- Pet Friendly
- Walk to shops
- Walk to bars
- Hospital 20 Km
- Needs Updating
- Patio
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
2,500€
Final Payment of 90% on completion
49,500€
Property Purchase Expenses
Property price
55,000€
Transfer tax 10%
5,500€
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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