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Property marketed by Stratus International Properties

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This townhouse in the centre of Raspay offers a unique opportunity for those looking to invest in a partially finished house and turn it into their dream house. The property spans 380 m², of which 280 m² is dedicated to the house itself, over two floors. The living space features 7 bedrooms, a cosy salon with a fireplace, a kitchen, and a bathroom. Outside, we can find a private patio with covered BBQ area, the first floor offers a private terrace. The floors and roofs are new, the salon, two bedrooms and bathroom are completed in traditional Spanish style and are ready for immediate use, the rest of the interior is to finish or to reform. In front of the house, there is a 100 m² garage equipped with an old stove and ample space for storage or other uses. The property is connected to essential utilities, including electricity, drinking water, and sewage, with optic fiber available in the area. Notably, the kitchen conceals an old rainwater reservoir beneath it.While this house requires significant renovation, it presents a great opportunity at a bargain price for those willing to invest in its potential.About the area: Nestled in the quaint settlement of Raspay, the surrounding area offers easy parking, a serene Spanish countryside atmosphere, and ample opportunities for hiking and relaxation. Don't miss this opportunity to own a piece of paradise for very favourable price.About us: We have a large portfolio of properties in the Costa Blanca and Costa Calida areas, specialising in country properties, villas, fincas, building plots and design and build options in the Alicante and Murcia regions with a particular emphasis on Elda, Monovar, Pinoso, Sax, Villena, Aspe, Fortuna, Albacete and many more surrounding areas. We have been established since 2004 and have decades of experience between the team which we bring to bear to help you find and secure your new dream home. We help you every step of the way to make sure your purchase in Spain is safe and hassle free. We are not here to sell you a property, we are here to help you realise your dream and find what is right for you. With us you are in the safest hands. Contact us now to have a no obligation chat about how you too can realise your dreams.
Property Features
- 7 bedrooms
- 1 bathroom
- 380m² Build size
- Storage
- Outbuildings
- Entrance Hall
- Mains Sewerage
- Security Grills
- Barbecue [BBQ]
- Water Deposit
- Furnished
- Open Terrace/Patio
- Fireplace
- Utility room
- Larder
- Part furnished
- Garage
- Mains Water
- Mains Electric
- Telephone
- Internet
- Car port
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,999€
Final Payment of 90% on completion
89,991€
Property Purchase Expenses
Property price
99,990€
Transfer tax 8%
7,999€
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.