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Ref: TH4772
Property marketed by Inland Andalucia
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Charming 3 bedroom, 2 bathroom town house ready to move in to, located in the centre of Martos near shops and bars. Entering the front door there is a lovely kitchen diner that leads to a large double bedroom with en suite facilities. Upstairs there is a lounge which leads into another double bedroom with en suite. On the top floor we have a very large bedroom, at present with four single beds in it and bathroom. This house is immaculate and has been used as an Air BnB.
Property Features
- 3 bedrooms
- 2 bathrooms
- 102m² Build size
- 50m² Plot size
- Charming Property
- Close to Amenities
- En Suite Bathroom
- Fitted Kitchen
- Full of Character
- Good Rental Potential
- Immaculate Condition
- Spacious Accommodation
- Tastefully Decorated
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,000€
Final Payment of 90% on completion
63,000€
Property Purchase Expenses
Property price
70,000€
Transfer tax 10%
7,000€
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.