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Nestled in the charming village of Luque, this townhouse presents an exciting renovation and reform opportunity. Its prime location, within easy reach of local bars and shops, makes it an ideal choice for those seeking village life with convenience. The property comprises 3 bedrooms, a kitchen, a living room, a separate dining room, a patio, and the added bonus of a garden. There is potential to install a plunge pool to cool off during the warm summer days. For those desiring more outdoor space, converting half of the top floor into a roof terrace could be considered. Don't miss the chance to unlock the true potential of this property. Water and electricity reconnections will be required. NEGOTIABLE!
Property Features
- 3 bedrooms
- 1 bathroom
- 116m² Build size
- 130m² Plot size
- Fireplace Wood
- Storage room
- Patio
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
13,000€
Property Purchase Expenses
Property price
16,000€
Transfer tax 10%
1,600€
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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Spanish Property News & Updates by Spain Property Portal.com
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.