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Ref: AP428
Property marketed by Inland Andalucia
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This 106m2 quality furnished ground floor apartment is located in the centre of Montilla, in the province of Cordoba, Andalucia, Spain. Montilla is famous for the quality of its Pedro Ximénez grape, from which the renowned Montilla wines are made, and together with nearby Moriles and other towns in Cordoba forms the wine region with Denominación de Origen Montilla-Moriles. The easy living property is on the ground floor and the front door leads into a wide reception and sitting area and to a corridor which leads on the right hand side to a toilet, a separate bathroom, then to a fully fitted kitchen and on to a twin bedroom followed by the master bedroom. On the left hand side off the reception sitting room is the 3rd bedroom and a well lit lounge / dining room. The property has double glazed windows and all of its fixtures and fittings are practically new. The central location of this flat allows you to walk to bars, restaurants, shops, museums and banks in a few minutes. Montilla is only 45 minutes from the city of Cordoba.
Property Features
- 3 bedrooms
- 1 bathroom
- 106m² Build size
- 106m² Plot size
- Close to Amenities
- Double Glazing
- Fitted Kitchen
- Furnished
- Good Rental Potential
- Investment Property
- Lounge Diner
- Near Public Transport
- One Level
- Well Presented
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,800€
Final Payment of 90% on completion
79,200€
Property Purchase Expenses
Property price
88,000€
Transfer tax 10%
8,800€
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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