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Ref: TH5875
Property marketed by Inland Andalucia
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Situated in the popular town of Fuente de Piedra in the Malaga province of Andalucia, Spain. This 204m2 build property sits just a short walk from the town square and all the local amenities the town has to offer including shops, bars and restaurants and of course the famous flamingo lagoon. The property is in need of updating as it has been empty for sometime. There are nicely tiled floors which run throughout the whole property giving it a nice flow of colour. The ground floor consists of a typically tiled entrance hall, front sitting room, a central reception with stairwell and on to what would be a good size kitchen diner with access to a ground floor shower room and utility room. The kitchen diner also has an exterior door that opens to the rear patio / garden. On the first floor there are 3 good size bedrooms and a full family bathroom. The stairs continue to the second floor with a bright space that would make a great reading room or summer kitchen as it spills out on to a partially covered roof terrace with views above and beyond the roof tops of Fuente de Piedra. To the rear of the property is an overgrown garden area and outbuilding that opens on the side street this would make an ideal garage for off road parking in a sought after location.
Property Features
- 3 bedrooms
- 2 bathrooms
- 204m² Build size
- 184m² Plot size
- Close to Amenities
- Patio
- Private Garage
- Renovation Needed
- Sun Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,000€
Final Payment of 90% on completion
99,000€
Property Purchase Expenses
Property price
110,000€
Transfer tax 10%
11,000€
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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