Country House for sale in Madroñera, Cáceres, Spain

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Originally an old water mill, this traditional two storey 3 bedroom finca is in an idyllic position with 2,000 sq m of land (roughly half an acre) with a river running through; it is habitable now but would benefit from minor modernisation. Living room with attractive stone floor, 3 bedrooms, kitchen, bathroom, vine covered terrace overlooking the old mill stream.

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Property Features

0 bedrooms
0 bathrooms

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

10,250€

Final Payment of 90% on completion

119,250€

Property Purchase Expenses

Property price

132,500€

Transfer tax 10%

13,250€

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.

Mortgage Calculator

Mortgage Amount:

132,500€

Deposit:

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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.