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Ref: 45053 - GSR
Property marketed by Stratus International Properties
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Located in the peaceful village of Torre del Rico, this property offers a great opportunity for those looking to start a new life project in a quiet, scenic setting. With beautiful views of the surrounding countryside, this home has plenty of potential for restoration and customization to suit your needs.The village provides a relaxed atmosphere while still being within reach of essential amenities and larger towns. Whether you're looking to create a permanent residence, a holiday retreat, or an investment opportunity, this property is a solid foundation to build upon.If you're ready to bring new life to a home in a picturesque location, this could be the perfect project for you. If you liked this property, do not hesitate to contact us to organize a visit, we will be happy to help you!
Property Features
- 0 bedrooms
- 0 bathrooms
- 56m² Build size
- 1,323m² Plot size
- Outbuildings
- Satellite TV
- Open Terrace/Patio
- Fireplace
- Telephone
- Internet
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
40€
Final Payment of 90% on completion
27,356€
Property Purchase Expenses
Property price
30,395€
Transfer tax 8%
2,432€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.