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Ref: TH6143
Property marketed by Inland Andalucia

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This bargain 3 bedroom townhouse is situated in the town of Valenzuela in the Cordoba province of Andalucia, Spain. Located on a level street with on road parking right outside you enter the property into a formal dining room then a reception space with the staircase and a seating area. From the reception area you have the fully tiled kitchen off which is a tiled utility area and a ground floor toilet. On the left you have a room which could be a 4th bedroom or used for storage, ahead leads out onto a good size sun terrace with views over the edge of town to the countryside beyond. A quality staircase from the reception area takes you to the first floor landing that is large enough for a single bed. From the landing you have a twin bedroom to the right and on the left is a double bedroom with an ensuite bathroom as well as another room, at present used for storage. The staircase continues up to the large roof terrace with far-reaching countryside views. On the market for 38,000 euros it is priced to sell, needing only updating in some areas and restoration to the tiling in places.
Property Features
- 3 bedrooms
- 2 bathrooms
- 71m² Build size
- 74m² Plot size
- Close to Amenities
- Fitted Kitchen
- Good Rental Potential
- Internet
- Investment Property
- Just needs updating
- Lounge Diner
- On Street Parking
- Part Furnished
- Patio
- Private Terrace
- Spectacular views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
800€
Final Payment of 90% on completion
34,200€
Property Purchase Expenses
Property price
38,000€
Transfer tax 10%
3,800€
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.