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Here we have for sale a nice property located in a lovely square in Castillo de Locubin with a bonus....... downstairs is a bar. So, you can buy a bar and a house with a really nice terrace. All of the towns amenities including shops, restaurants and supermarkets are within walking distance of the property.
Downstairs, is the bar, with toilet, kitchen and access to the basement/storage space.
On the 1st floor, you'll find a room for convertion which could be another kitchen or utility area and lounge with balcony (which could be a bedroom).
Then up to the 2nd floor where there's a hallway, bathroom, bedroom and a large roof terrace with lovely views out over the town and mountains.
This could be the perfect property for those looking for an investment opportunity in Spain.
Castillo de Locubín is a Spanish town and municipality located in the northern part of the Sierra Sur region, in the province of Jaén. It is close to the municipalities of Alcalá la Real, Alcaudete, Martos and Valdepeñas de Jaén. The San Juan, Ranera and Susana rivers flow through it and the source of the San Juan river is a near by popular tourist attraction. Every year in May, the town holds a famous cherry festival and several other fiestas throughout the year. There is a lovely municiple outdoor pool open in the summer and several bars, restaurants, supermarkets and banks can be found throughout the town.
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Property Features
- 2 bedrooms
- 2 bathrooms
- Near Transport
- Roof Terrace
- Near amenities
- Needs modernizing
- In Town Center
- Tiled Bathroom
- Walk to shops
- Walk to bars
- Walk to restaurants
Costing Breakdown
* 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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* 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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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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