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Ref: AP482
Property marketed by Inland Andalucia

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Charming first floor, 3 bedroom, air conditioned apartment located in Alcaudate in the province of Jaén in Andalucia, Spain. Only a five-minute walk away from the main Square, where you can find the Town Hall, local market with fresh produce, shops and bars. As you enter the property´s main, shared front door into a lobby the apartment has a door on the left and stairs lead up to the first floor. You are greeted with a large, high-ceiling dining room, the heart of the property which leads to a comfortable living-room space and two separate good-sized bedrooms, that share an ample balcony that sits at the front of the apartment. The dining room also leads through to a bright kitchen, followed by a spacious master bedroom with an ensuite bathroom. From the kitchen, you access the private patio, where there is a laundry room with a second toilet. A patio, a cosy garden area, and a sizable outbuilding.
Property Features
- 3 bedrooms
- 2 bathrooms
- 105m² Build size
- 181m² Plot size
- Air Conditioning
- Charming Property
- Close to Amenities
- En Suite Bathroom
- Fitted Kitchen
- Full of Character
- Ideal Family Home
- Just needs updating
- Laundry Room
- One Level
- Part Furnished
- Patio
- Spacious Accommodation
- Well Presented
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,000€
Final Payment of 90% on completion
72,000€
Property Purchase Expenses
Property price
80,000€
Transfer tax 10%
8,000€
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.