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Ref: TH6119
Property marketed by Inland Andalucia

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Exclusive to us. This 4 bedroom townhouse in the heart of the popular town of Cuevas de San Marcos in the Malaga province of Andalucia, Spain. This property is located centrally close to the local amenities the town has to offer including supermarket, shops, bars and restaurants and only a short walk to the local municipal swimming pool. The property itself opens directly in to the lounge with stairwell to first floor and continues to a separate dining room and on to a full bathroom and good size kitchen. On the first floor a central hall leads to three bedrooms and a bright second living room, which could be a 4th bedroom, if required. This is a good size property in a great location overlooking a local park, playground. Ideal lock up and go.
Property Features
- 4 bedrooms
- 1 bathroom
- 154m² Build size
- 77m² Plot size
- Close to Amenities
- Fireplace
- Fitted Kitchen
- Lounge Diner
- On Street Parking
- Spacious Accommodation
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
2,900€
Final Payment of 90% on completion
53,100€
Property Purchase Expenses
Property price
59,000€
Transfer tax 10%
5,900€
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.
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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.