Townhouse for sale in Granada, Granada, Spain

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Property marketed by Another Way Of Life S.L.

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This very large house has been partially renovated and enjoys unbeatable views from the roof terrace. Close to one of the nicest squares of the Albayzin this property would be ideal for holiday apartments. The exterior of the property was renovated in 2016 as well as the roof, roof terrace and patio. The 465m2 interior of the property needs renovating. We understand that a licence has been granted for the construction of a maximum of four dwellings but one condition would be that the owner occupies one of those dwellings.
Location
The property is located off plaza San Miguel Bajo, close to all amenities.
Services
All mains services are connected. Broadband internet available.

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Property Features

0 bedrooms
0 bathrooms
465m² Build size
404m² Plot size
Renovation Required
Roof Terrace
Panoramic Views
Close To All Amenities
Alhambra Views
Sierra Nevada Views
Albayzin Views
Good Rental Potential

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

42,000€

Final Payment of 90% on completion

405,000€

Property Purchase Expenses

Property price

450,000€

Transfer tax 10%

45,000€

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.

Mortgage Calculator

Mortgage Amount:

450,000€

Deposit:

€

Interest Rate:

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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

Spanish Property News & Updates by Spain Property Portal.com

Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.