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Ref: TH4842
Property marketed by Inland Andalucia
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Reduced to Sell from 60K to 30K. This corner townhouse which is presently lived in is in a great location in Alcaudete, in the Jaen province of Andalucia, Spain, located behind the convent with views of its vegetable garden, the Castle and the mountains beyond. There is small car access but no passing traffic, a really delightful spot just two minutes walk from the main old plaza and bars. The roof was replaced several years ago and most of the electrics are new and embedded with one or two rooms still with surface mounted cables. There is a side door into a covered patio with bathroom and kitchen access, this could become a garage if wanted. The front door, around the corner, enters into a hallway with two rooms off, both used as temporary bedrooms at present at the end of the hall the stairs are on the right and the kitchen to the left. The stairs go up to a hallway off which are three separate bedrooms and up more stairs there is an attic or store room and access to the roof terrace with those great views. This is a delightful ready to go property, nothing to do but a bit of modernisation in a quiet part of a lovely town.
Property Features
- 3 bedrooms
- 1 bathroom
- 90m² Build size
- 74m² Plot size
- Alarm System
- Charming Property
- Close to Amenities
- Just needs updating
- Laundry Room
- Private Terrace
- Roof Sun Terrace
- Storage Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
27,000€
Property Purchase Expenses
Property price
30,000€
Transfer tax 10%
3,000€
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.
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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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.