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located in the town of Canillas de Aceituno, in the Malaga province of Andalucia, Spain, surrounded by bars and restaurants, walking distance of City Hall, Casa de La Cultura and Mirador de La Virgen. The property needs modernization but with excellent potential as a rental investment or for own living. Nice living room area followed by kitchen and laundry room. Upstairs on the first level there is a potential loft space, bedrooms, full bathroom and access to a big rooftop terrace with a lot of sunshine. Canillas de Aceituno in Malaga a charming town extends along the slopes of the Sierra Tejeda to the La Maroma peak, the highest in the province of Malaga. For its location alone this town in the Axarquia region, is the perfect place to enjoy both nature and culture. Just 30 mins to the beach, 66Km to Malaga airport, 60Km to Centro Historico Malaga (Downtown). Must come to visit this lovely property. Reduced to Sell. now on the market for 59,900 euros.
Property Features
- 3 bedrooms
- 1 bathroom
- 98m² Build size
- 41m² Plot size
- Close to Amenities
- En Suite Bathroom
- Ideal Family Home
- Investment Property
- Just needs updating
- Near Public Transport
- Private Terrace
- Roof Sun Terrace
Costing Breakdown
* 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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* 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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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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