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Ref: TH5877
Property marketed by Inland Andalucia
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This lovely property sits within the village of Estacion de Archidona, in the province of Malaga in Andalucia, Spain. The village offers a local shop, bar and doctors surgery and is surrounded by stunning countryside perfect for those afternoon walks whilst only a short 10 minute drive from Villanueva de Algaidas and 7 minutes to Archidona which offer large supermarkets, shops and banks and restaurants. To the front of the property a gated entrance leads in to a pretty courtyard which is tiled and ideal to enjoy and relax on a sunny afternoon. The main entrance opens in to the lounge diner which is bright and spacious with an open fireplace and continues to a good size kitchen with plenty of storage and workspace. The ground floor also has a good size bedroom with ensuite shower room ideal for guests or those that are not confident with the stairs as well as a laundry room. On the first floor the newly installed stairwell opens to a central hallway with a beautiful family bathroom and 3 double bedrooms. The first floor has newly tiled floors throughout giving it a bright modern feel. This is a lovely property which would make a great getaway from the hustle and bustle of life.
Property Features
- 4 bedrooms
- 2 bathrooms
- 120m² Build size
- 104m² Plot size
- Air Conditioning
- Fireplace
- Fitted Kitchen
- Laundry Room
- Lounge Diner
- On Street Parking
- Patio
- Tastefully Decorated
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,500€
Final Payment of 90% on completion
67,500€
Property Purchase Expenses
Property price
75,000€
Transfer tax 10%
7,500€
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.
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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.