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Ref: CJ911
Property marketed by Inland Andalucia
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Situated near the lovely village of Algarinejo in the province of Granada, Andalucia, Spain and only 2 hours away from the ski resorts of the Sierra Nevada is this 2 bedroom Cortijo with a garden, patio and spectacular countryside views. Located in an elevated position and set back from the road. a gated private driveway takes you to the front patio where a central door leads into a large reception room off which are 2 bedroom on the right. The front patio includes a feature barbecue area and an outbuilding housing a ground floor shower room with an utility space. A second doorway off the patio takes you into 2 further ground floor rooms, the main one having access out into you private walled rear garden. This rural property has town water and electricity connected, is in need to renovation but enjoys a wonderful elevated location and spectacular countryside and valley views.
Property Features
- 2 bedrooms
- 1 bathroom
- 70m² Build size
- 63m² Plot size
- Barbecue House
- Close to Amenities
- Fireplace
- Fitted Kitchen
- Garden
- Good Rental Potential
- Ideal for Country Lovers
- Internet
- Investment Property
- Just needs updating
- Off Road Parking
- On Street Parking
- Parking Space
- Patio
- Separate Diner
- Spectacular views
- Well Presented
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
3,800€
Final Payment of 90% on completion
61,200€
Property Purchase Expenses
Property price
68,000€
Transfer tax 10%
6,800€
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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