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Ref: TH5005
Property marketed by Inland Andalucia
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This lovely 3 bedroom Townhouse sits just off the Plaza in the pretty popular town of Cuevas de San Marcos in the Malaga province of Andalucia, Spain, which offers all the local amenities including schools, medical centre, shops, bars and restaurants all close by. Entrance to the property is into a traditional hall that leads to a central reception room, a sitting room to the front and a separate dining room that opens to a good sized kitchen. On the first floor there are 3 good size bedrooms and a full family bathroom. A second stairwell leads to a private roof terrace which takes in views over the roof tops of Cuevas San Marcos and beyond, The property is in need of a little modernization but is priced to sell.
Property Features
- 3 bedrooms
- 1 bathroom
- 97m² Build size
- 74m² Plot size
- Air Conditioning
- Close to Amenities
- Fitted Kitchen
- On Street Parking
- Private Terrace
- Separate Diner
- Storage Room
- Sun Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
995€
Final Payment of 90% on completion
35,955€
Property Purchase Expenses
Property price
39,950€
Transfer tax 10%
3,995€
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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