2 bedroom Other for sale in Ubeda, Alicante, Spain

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Ref: EMP8763X

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GREAT OPPORTUNITY Great plot or renovation project in the lovely village of Ubeda There is currently a two bed one bath property on the plot that has been partly refurbished by the current owner with many original features yet the property is in need of more work and possibly extending to create a larger house with ample garden or you could knock the property down and start a fresh

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Property Features

2 bedrooms
1 bathroom
Good access
Mains Sewerage
Fireplace - log burner
Mains Water
baths 1
Mains Electric
chimney
-50 min. drive from Airport
Country Views
beds 2
Village Location
benefit further improvements

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

1,300€

Final Payment of 90% on completion

38,696€

Property Purchase Expenses

Property price

42,995€

Transfer tax 8%

3,440€

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.

Mortgage Calculator

Mortgage Amount:

42,995€

Deposit:

€

Interest Rate:

Period:

Mortgage Result

* 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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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.