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Ref: IV-730509
Property marketed by Casa Consultants
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Two town houses - 1 fully reformed, and 1 mostly reformed - B&B or investment potential. We are proud to offer these two great investment potential townhouses.
One if fully reformed, and key ready and fully refurbished, including a new roof. The second house is mostly reformed (needs the false ceilings putting in, and some painting and decorating, as well as exterior rendering). There is also a garage and on-street parking for another car.
These would make for an excellent return on investment, as Sax is desperately in need to bed and breakfast or rental properties, and so you could rent out both, or live in one and rent the other property (they are next door to each other). Alternatively, this could be converted into a very large townhouse for an extended family. Sax currently doesn't allow rentals in rural areas, but as these are both urban, obtaining a tourist licence would be possible.
Both houses have great views of the castle, and are in the old town area, full of charm and character, and walking distance to all the services of the town. The main house has central heating, central air conditioning and is in good order. The second house does require some finishing, but we can organise this for the buyers, if you wish.
Sax is a thriving Spanish town with a nice Expat mix . It has excellent amenities, lots of shops, 50 +bars and restaurants, a theatre, indoor and outdoor swimming pools, parks, a beautifully restored castle, which is lit up at night, train and bus links with Alicante airport and the beaches in 30 mins
One if fully reformed, and key ready and fully refurbished, including a new roof. The second house is mostly reformed (needs the false ceilings putting in, and some painting and decorating, as well as exterior rendering). There is also a garage and on-street parking for another car.
These would make for an excellent return on investment, as Sax is desperately in need to bed and breakfast or rental properties, and so you could rent out both, or live in one and rent the other property (they are next door to each other). Alternatively, this could be converted into a very large townhouse for an extended family. Sax currently doesn't allow rentals in rural areas, but as these are both urban, obtaining a tourist licence would be possible.
Both houses have great views of the castle, and are in the old town area, full of charm and character, and walking distance to all the services of the town. The main house has central heating, central air conditioning and is in good order. The second house does require some finishing, but we can organise this for the buyers, if you wish.
Sax is a thriving Spanish town with a nice Expat mix . It has excellent amenities, lots of shops, 50 +bars and restaurants, a theatre, indoor and outdoor swimming pools, parks, a beautifully restored castle, which is lit up at night, train and bus links with Alicante airport and the beaches in 30 mins
Property Features
- 4 bedrooms
- 2 bathrooms
- 300m² Build size
- Swimming Pool
- Terrace
- Air Conditioning
- Utility Room
- Oil Central Heating
- Mains Water
- Double glazing
- Mains Sewerage
- Mains Electric
- Walking Distance To Town
- Walking Distance - Restaurant / Bar
- Solar Water Heating
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,495€
Final Payment of 90% on completion
139,455€
Property Purchase Expenses
Property price
154,950€
Transfer tax 8%
12,396€
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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