1 bedroom Apartment for sale in Sierra Nevada, Granada, Spain

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Ref: AP306

Property marketed by Inland Andalucia

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EXCLUSIVE to us. This apartment is located over 1000 metres above sea level in the municipality of Nevada, in the Alpujarra region of Granada, specifically in the town of Laroles, capital of the municipality and noted for its production of chestnuts, traditionally in high demand at the regional level. This flat consists of 1 double bedroom, one bathroom with a living room / kitchen / dining room and a large terrace overlooking the communal pool and mountains. From the property it is only a few minutes drive to all the tourist attractions of the Sierra Nevada and one hour to the capital of the province. This apartment is a great investment opportunity for lovers of mountain living, skiing and the peaceful and healthy lifestyle offered by the local flora and fauna. Being sold part furnished this property is ready to move into and to enjoy the wonderful mountain views and communal facilities.

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Property Features

1 bedroom
1 bathroom
49m² Build size
49m² Plot size
Swimming Pool
Close to Amenities
Community Garden
Community Pool
Fitted Kitchen
Good Rental Potential
Ideal for Country Lovers
Investment Property
On Street Parking
Part Furnished
Private Terrace
Renovation Needed
Spectacular views
Sun Terrace

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

1,500€

Final Payment of 90% on completion

40,500€

Property Purchase Expenses

Property price

45,000€

Transfer tax 10%

4,500€

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:

45,000€

Deposit:

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* 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.

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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%.