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Ref: 721842
Property marketed by Lavanda Real Estate SL
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This semi-detached house in Nueva Andalucía offers an exceptional investment opportunity, standing out for its strategic location near all amenities. The 120-square-meter plot houses two independent properties, each with two bedrooms equipped with built-in wardrobes, a full bathroom, a fully equipped kitchen, and a cozy living room with a fireplace.
The lower unit features two patios, one at the front and another at the rear, along with a convenient storage room. Meanwhile, the upper property distinguishes itself with a charming terrace and a solarium offering panoramic 360-degree views of the sea and mountains, creating a stunning and relaxing environment.
The versatility of this property allows the option to combine both units to form a larger residence or keep them independent, providing flexibility for both family living and rental opportunities. This combination of a convenient location, complete amenities, and spectacular views makes it a great investment opportunity in the sought-after real estate market of Nueva Andalucía.
The lower unit features two patios, one at the front and another at the rear, along with a convenient storage room. Meanwhile, the upper property distinguishes itself with a charming terrace and a solarium offering panoramic 360-degree views of the sea and mountains, creating a stunning and relaxing environment.
The versatility of this property allows the option to combine both units to form a larger residence or keep them independent, providing flexibility for both family living and rental opportunities. This combination of a convenient location, complete amenities, and spectacular views makes it a great investment opportunity in the sought-after real estate market of Nueva Andalucía.
Property Features
- 4 bedrooms
- 2 bathrooms
- 100m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
31,900€
Final Payment of 90% on completion
314,100€
Property Purchase Expenses
Property price
349,000€
Transfer tax 10%
34,900€
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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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.