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Ref: v2937
Property marketed by Colours of Andalucia Rusticom
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For sale, a three-story house for renovation with an interior courtyard, next to the town square of Benamaurel, Granada, a short drive from Lake Negratin. Despite its age, the house is in good condition, although it requires some renovation work as it is not currently habitable. --------------------------------------
Situated in a very peaceful village with good views, the house is spacious, offering numerous rooms with various possibilities. Additionally, it features an exterior garden, and the rooms are well-lit.
Situated in a very peaceful village with good views, the house is spacious, offering numerous rooms with various possibilities. Additionally, it features an exterior garden, and the rooms are well-lit.
Property Features
- View Video Tour
- 4 bedrooms
- 2 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
800€
Final Payment of 90% on completion
34,200€
Property Purchase Expenses
Property price
38,000€
Transfer tax 10%
3,800€
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.