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Property marketed by ExtremaCasa
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A beautiful large 5 bedroom 5 bathroom house over 100 years old but fully restored and modernised to high standards about 10 years ago maintaining lots of original character and features in a village 25 minutes from Trujillo. Set in approximately 1,000 sq m of garden with good views of the hills (about a quarter of an acre) with more available if required, the property also has a self contained one bedroom apartment suitable for renting or for family and friends. The property was recently run as a fully licensed Casa Rural and could be so again.*price reduced by 75,000 EUROS*
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
23,500€
Final Payment of 90% on completion
238,500€
Property Purchase Expenses
Property price
265,000€
Transfer tax 10%
26,500€
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.