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This spacious townhouse, offering 158m² of built space on a 147m² plot, presents an excep-tional renovation opportunity in the desirable town of Luque, Córdoba, Andalusia. Featuring four bedrooms and two bathrooms, the property is primed for modernization, offered at an attractive price of 39,500€Upon entering, you'll find a welcoming reception area leading to a combined lounge/dining room. Adjacent is a fully tiled room, plumbed and ready for your custom kitchen installation. The reception also provides access to a partially covered tiled patio, which extends to a larger outdoor area with a utility space, a ground-floor bathroom (requiring updating), and a summer kitchen/preparation room. A storage room and a few steps lead to an expansive patio, ideal for potential pool development. To the rear, a ground-floor double bedroom includes a fully tiled en-suite shower room.A quality staircase ascends to a generous first-floor landing, accessing a double bedroom, a balcony leading to another double bedroom, a single bedroom (or flexible space), a storage room, and a further double bedroom at the front. With the primary renovation needs focused on kitchen installation and one bathroom update, this property offers excellent value and the potential to create a substantial family home in a sought-after location.
Property Features
- 4 bedrooms
- 2 bathrooms
- 158m² Build size
- 147m² Plot size
- Terrace
- Fireplace Wood
- Pantry
- Laundry room
- Storage room
- Patio
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
950€
Final Payment of 90% on completion
35,550€
Property Purchase Expenses
Property price
39,500€
Transfer tax 10%
3,950€
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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