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Ref: CJ504
Property marketed by Inland Andalucia
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Reduced to Sell. Located in the small village of Los Marines (Periana), in the Malaga province of Andalucia Spain, this over 100 year old Cortijo is a great opportunity for a reform project. Close to the town of Periana, a popular Spanish town, with supermarkets, banks, bars and restaurants, communal pool, recreational areas, etc., all within a 10 minute drive. Also, this property is only a 20 minute drive from the coast and 40 minutes to the Malaga airport. The property is separated into two buildings. The building on the right includes the lounge/diner and two bedrooms. Across from this building is the kitchen, which is joined to a patio which is where the bathroom is located. This property is ideal for a reform or even a rebuild with the right planning permissions, as it includes over 1,000m2 of land.
Property Features
- 2 bedrooms
- 1 bathroom
- 103m² Build size
- 1,343m² Plot size
- Close to Amenities
- Detached
- Fireplace
- Lounge Diner
- Near Public Transport
- On Street Parking
- Patio
- Storage Room
- Telephone
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
3,995€
Final Payment of 90% on completion
62,955€
Property Purchase Expenses
Property price
69,950€
Transfer tax 10%
6,995€
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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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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