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Property marketed by ExtremaCasa
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A three storey village house in Jarandilla de La Vera, on the southern slopes of the Sierra de Gredos mountains in the north east corner of Extremadura, just over a couple of hours from Madrid airport. The house has been fully modernised with lots of character and has a living room, 3 bedrooms, fitted kitchen and bathroom as well as a 63 sq m covered terrace, a pretty garden area and a bodega and has good views to the south
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,350€
Final Payment of 90% on completion
120,150€
Property Purchase Expenses
Property price
133,500€
Transfer tax 10%
13,350€
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.