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Ref: CGP JLM2534
Property marketed by J.L.MORALES REAL ESTATE
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A traditional Spanish village house for sale located just outside of the town of Almoradi.The property has a living space of 114 m2 and is in need of modernization and updating in certain areas, The living area at present is distributed into a lounge/dining room, three double bedrooms a family bathroom and a fully fitted independent kitchen.There is a garage and storage area.Located in the area of Puente don Pedro. Almoradi it is only a short 5 min drive to shops, bars and restaurants.
Property Features
- 3 bedrooms
- 1 bathroom
- 114m² Build size
- Garden
- Fully equipped kitchen
- Tiled terrace
- Storage room
- Need Reform
- Utility room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,500€
Final Payment of 90% on completion
76,500€
Property Purchase Expenses
Property price
85,000€
Transfer tax 8%
6,800€
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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