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Ref: 51-4171
Property marketed by Javea Estates
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This village house is located in a quiet street in the center of Gata de Gorgos. One enters a large space with a separate room on the right. If we walk further, the space expands to the right. Behind it we find a storage room, the kitchen and a staircase to the top. The stairs take us to the second floor, where there is a lounge, two bedrooms, a bathroom and a terrace. If we go back to the ground floor, we can enter an inner courtyard where we find a bathroom and an outdoor kitchen. At the other end of the courtyard there is another room. In addition, there is also a staircase that gives access to another room and a terrace. The property can be purchased as an investment and is in need of renovation.
Property Features
- 5 bedrooms
- 2 bathrooms
- 130m² Build size
- Balcony
- Outdoor kitchen
- Outdoor shower
- Storage room
- Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,000€
Final Payment of 90% on completion
108,000€
Property Purchase Expenses
Property price
120,000€
Transfer tax 8%
9,600€
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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