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Ref: TH5250
Property marketed by Inland Andalucia
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This 3 bedroom townhouse is situated in the tranquil village of La Concepcion, close to historical Priego de Cordoba, in Andalucia, Spain. The property boasts a generous 1,300m2 town plot and represents a great opportunity for all those looking to create a new home in a lovely part of southern Spain. Located on a quiet wide street with on road parking right outside the corner property you enter the townhouse into a wide tiled hallway with a ground floor double bedroom on the right then ahead into a good size fitted kitchen diner which leads to a tiled utility room and to a ground floor shower room. A staircase from the hallway takes you to the first floor landing from where you have another double bedroom and a twin bedroom. The generous garden plot of 1,300m2 includes mature fruit trees, lies to the side of the property and is accessed from a separate gated entrance. This property is all about the large plot and what could be made of it, whether as an investment opportunity or to add a pool and landscape or to cultivate the land.
Property Features
- 3 bedrooms
- 1 bathroom
- 129m² Build size
- 1,300m² Plot size
- Close to Amenities
- Fireplace
- Fitted Kitchen
- Garden
- Ideal Family Home
- Just needs updating
- Laundry Room
- Lounge Diner
- Near Public Transport
- On Street Parking
- Part Furnished
- Patio
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,200€
Final Payment of 90% on completion
127,800€
Property Purchase Expenses
Property price
142,000€
Transfer tax 10%
14,200€
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.