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Property marketed by ExtremaCasa
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A converted and extended agricultural barn preserving many original features, this spacious four-bedroom property is set in approximately 3 hectares of land with magnificent views of the Sierra de Gredos mountains. The ground floor is open plan and contains a dining area, the kitchen and the living room. A large open fireplace area with room for a sofa separates the kitchen and living areas, linking the two but marking them as distinct spaces. There is a double bedroom downstairs. Upstairs are three further double bedrooms, each with a bathroom and fitted wardrobes. A variety of established fruit trees, outside kitchen and barbeque area, gas central heating, own well. Good access from Villanueva de la Vera approximately 6 kilometres away.
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
40,500€
Final Payment of 90% on completion
391,500€
Property Purchase Expenses
Property price
435,000€
Transfer tax 10%
43,500€
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.