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Ref: TH6117
Property marketed by Inland Andalucia

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This 5 bedroom 181m2 build property is situated in the historical town of Alcaudete in the Jaen province of Andalucia, Spain. Located on a wide street with on road outside you enter the townhouse from a safe raised pavement into a bright hallway with a sitting room on the right. To the left is a ground floor bedroom and ahead leads into a reception area off which is a storage on the left and another bedroom to the right. From the reception area you have direct access out into the patio space with a laundry and utility area and a small number of steps leading up to another patio area with a storage room. Also off the reception space you have the good size kitchen area then a fully tiled ground floor shower room. Steps from the reception area take you to the first floor where you have a further 3 bedrooms and another storage room which could be converted into a 2nd bathroom. The property has electricity and town water connections, it is in need of updating throughout but being on the market for 38,000 euros represents good value for a 5 bedroom townhouse with a generous 150m2 town plot.
Property Features
- 5 bedrooms
- 1 bathroom
- 181m² Build size
- 150m² Plot size
- Close to Amenities
- Fireplace
- Fitted Kitchen
- Internet
- Investment Property
- On Street Parking
- Parking Space
- Part Furnished
- Patio
- Renovation Needed
- Separate Diner
- Storage Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
700€
Final Payment of 90% on completion
33,300€
Property Purchase Expenses
Property price
37,000€
Transfer tax 10%
3,700€
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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