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Ref: TH1199
Property marketed by Competa Properties S.L.

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Discover this hidden gem on the outskirts of Sayalonga, where tranquility and views of the valley become part of your daily life. This property offers endless possibilities thanks to its 185 m² built area, perfect for transforming into several apartments connected by a charming garden with fruit trees. With a south orientation, you will enjoy the sun all day long on its 237 m² plot.
Although it is second-hand and requires renovation, its potential is undeniable. Imagine designing your own personal oasis or investing in a project with great profitability. In addition, it has a practical storage room for your storage needs. Don't miss this unique opportunity to acquire a property with so much character and possibilities. Come visit it and fall in love with its surroundings and views!
Although it is second-hand and requires renovation, its potential is undeniable. Imagine designing your own personal oasis or investing in a project with great profitability. In addition, it has a practical storage room for your storage needs. Don't miss this unique opportunity to acquire a property with so much character and possibilities. Come visit it and fall in love with its surroundings and views!
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,050€
Final Payment of 90% on completion
72,450€
Property Purchase Expenses
Property price
80,500€
Transfer tax 10%
8,050€
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.