5 bedroom Townhouse for sale in Velez Malaga, Málaga, Spain

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Property marketed by David Santiago Inmobiliaria

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Beautiful town house located in Vélez-Málaga, in the centre. Completely renovated and furnished with the best qualities. It has 2 floors, on the ground floor we have the entrance hall, a bedroom, toilet, living room, kitchen and interior patio of 30m2, on the first floor we have 4 bedrooms, wide corridors and bathroom with shower. It also has a roof terrace with a laundry room. Commercial premises of 45m2 (in operation) included in the price. 3% Fees not included in the price.

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Property Features

5 bedrooms
2 bathrooms
245m² Build size
Furnished : No
Swimming pool : No
Private patio
Roof access
Double glazing
Terrace/balcony
Walk-in closet
Wardrobe/closet
Washing machine
Built-in kitchen
Fridge
Microwave oven
Vitroceramic
Dishwasher
Oven
Closeby : Restaurants/bars.
Closeby : Drugstore

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

26,900€

Final Payment of 90% on completion

269,100€

Property Purchase Expenses

Property price

299,000€

Transfer tax 10%

29,900€

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.

Mortgage Calculator

Mortgage Amount:

299,000€

Deposit:

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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.