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Traditional 2 bedroom village house in the pretty hilltop village of Feria. Lots of original character, living room, kitchen, bathroom, great views from unused first floor (room for two more bedrooms) and rear patio garden with outbuilding. The property has not been lived in for a while so needs cleaning, decorating and some modernisation but is perfectly habitable now. The village lies around 45 minutes from Badajoz, 20 minutes from Zafra and around 90 minutes from Seville city and airport. The owner is very keen to sell and will consider any reasonable offer.
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
995€
Final Payment of 90% on completion
35,955€
Property Purchase Expenses
Property price
39,950€
Transfer tax 10%
3,995€
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.