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A large 250 sq m village house in a charming square in the market town of La Codosera, close to the Portuguese border. The house, which has a new roof, is full of character including old stone floors and half tiled walls and is perfectly habitable now although would benefit from some modernisation. Most of the accommodation is at first floor level and consists of a hallway, 8 further rooms plus a kitchen/diner and a bathroom. In addition there is a front balcony running the width of the house and a large covered terrace again running the full width of the house at the rear. The price includes all furniture, some of which are antiques, and represents excellent value for money for such a large property.
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,995€
Final Payment of 90% on completion
71,955€
Property Purchase Expenses
Property price
79,950€
Transfer tax 10%
7,995€
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.