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Townhouse with a lot of potential in Pedreguer, close to all services. It is a corner building facing two streets, with two separate entrances and two floors. The entrances are on each street which makes it perfect to convert it into two separate houses or a house and a business, the top floor would be perfect for four bedrooms with separate balconies, although there are endless possibilities as the building is a good size. It is in need of a complete renovation but has a lot of potential to be converted into the house of your dreams. A refurbishment project is available.
Property Features
- 5 bedrooms
- 2 bathrooms
- 258m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,700€
Final Payment of 90% on completion
159,300€
Property Purchase Expenses
Property price
177,000€
Transfer tax 8%
14,160€
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.