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Ref: R4061338
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Great country property with magnificent views close to the hilltop village of Comares. Soak up the scenery with this one. 360º views of the surrounding Axarquia mountains and on down to the shimmering Mediterranean sea. A little under one hours drive from Málaga airport and arounf half an hour to the beach at Torre del Mar this imposing property is well placed tor a quiet yet connected lifestyle.
Property Features
- 3 bedrooms
- 2 bathrooms
- 180m² Build size
- 4,849m² Plot size
- good condition
- close to shops
- en suite bathroom
- fireplace
- electricity
- beautiful garden
- covered terrace
- parking
- unfurnished
- countryside
- mountain views
- sea views
- countryside views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,800€
Final Payment of 90% on completion
178,200€
Property Purchase Expenses
Property price
198,000€
Transfer tax 10%
19,800€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.