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Ref: EMP8763X
Property marketed by España Dream Properties

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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
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.
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Spanish Property News & Updates by Spain Property Portal.com
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.