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Property marketed by The Property Group
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This is a great opportunity to buy a plot of 285M2 with a semidetached house of 130M2, five bedrooms in total close to all amenities in the middle of Estepona, outside of the old town, walking distance to schools The house can do with some renovation and would make this a great project for a younger family if you like what you see get incontact and I am sure we can tell you more or we can go and have a look togetherThe house has at this moment two diffrent parts, it could become one big house or stay two smaller houses and a garage or huerto, it is located in a great location very centrical in estepona, that makes this unit UNIQUE
Property Features
- 5 bedrooms
- 2 bathrooms
- 129m² Build size
- Category - Bargain
- Category - Holiday Homes
- Category - Investment
- Category - Luxury
- Category - Resale
- Condition - Good
- Features - Barbeque
- Features - Covered Terrace
- Features - Double Glazing
- Features - Fitted Wardrobes
- Features - Marble Flooring
- Features - Private Terrace
- Features - Solarium
- Features - Storage Room
- Furniture - Optional
- Orientation - South
- Parking - Private
- Parking - Street
- Laundry Room
- Setting - Close To Schools
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
40,500€
Final Payment of 90% on completion
391,500€
Property Purchase Expenses
Property price
435,000€
Transfer tax 10%
43,500€
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.