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Property marketed by Olvera Properties
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A sturdy house with great potential, well looked after but in need of some upgrades, a large house on one of our favourite streets.
You would need to add another terrace to be able to make the most of the gorgeous Olvera views of the mountains, as presently the house has only a patio and covered terrace up from the patio.
Downstairs there is a bedroom, sitting room, dining room and old style kitchen, with bathroom and storage rooms off the patio.
upstairs two large bedrooms complete this house, Olvera Properties's are more than happy to help with reforms, renovations and creating your dream home.
Floor Area: 160
Bedrooms: 3
Bathrooms: 1
Property Features
- 3 bedrooms
- 1 bathroom
- floor area 160
- bedrooms 3
- bathrooms 1
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
200€
Final Payment of 90% on completion
28,800€
Property Purchase Expenses
Property price
32,000€
Transfer tax 10%
3,200€
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.