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Property marketed by The Property Group
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Exceptional Opportunity to Create Your Dream Home in Salobreña's Historic Old TownPrice: Reduced to €159,999Seize the opportunity to own a unique property in the heart of Salobreña's picturesque Old Town This plot, featuring the remains of a charming two-story village house, invites you to restore it to its former splendor or redesign it to match your personal visionProperty Features:Prime Location: Centrally located in Salobreña's historic Old Town, offering easy access to local attractions and amenitiesSpacious Layout: The original structure included 9 bedrooms and 2 bathrooms, providing a generous footprint for renovationPrivate Garage: A valuable feature in Salobreña, ensuring convenient and secure parkingUtility Connections: Ready for electricity, municipal water, and sewage connectionsRenovation Potential: Includes detailed renovation plans and interior design concepts from the current owner, showcasing the property's potentialLifestyle & Surroundings:Subtropical Climate: Enjoy mild winters and warm summers in this beautiful coastal townConvenient Access:Nearby Towns: Almuñécar and Motril are just under 20 minutes away, offering additional services and amenities Motril includes a large hospitalGolf Course: Only a 10-minute drive to an 18-hole golf courseTransport Links: Approximately 1 hour to Málaga Airport by car, with regular bus services availableSkiing: A 15-hour drive to Granada and the Sierra Nevada ski resorts, perfect for winter sports enthusiastsContact Us: This property offers a rare chance to create a custom home in one of Andalusia's most enchanting towns Reach out to us to learn more about the opportunities this property presents and to schedule a viewing Don't miss out on this incredible value—transform this historic plot into your dream residence today
Property Features
- 5 bedrooms
- 5 bathrooms
- 318m² Build size
- 208m² Plot size
- Balcony
- Open Terrace/Patio
- Garage
- Private Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,000€
Final Payment of 90% on completion
143,999€
Property Purchase Expenses
Property price
159,999€
Transfer tax 10%
16,000€
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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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.