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Ref: CJ922
Property marketed by Inland Andalucia

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An ideal, peaceful Countryside Retreat with land of 4.630m2, located on a hillside near Castillo de Locubin, in the south of Jaen province in Andalucia, Spain. This semi-detached five bedroom Cortijo offers stunning views across the surrounding countryside. The main house, with a new roof, includes a spacious living and dining area, along with two bedrooms on the ground floor. Upstairs a landing leads to three further rooms. At the front of the house, a separate building contains the kitchen, with the bathroom located directly below and another large storage building. The property also includes a private garage, a swimming pool and sits on a generous plot with 42 olive trees. A charming countryside property which is full of character.
Property Features
- 5 bedrooms
- 1 bathroom
- 201m² Build size
- 4,630m² Plot size
- Swimming Pool
- Charming Property
- Full of Character
- Ideal for Country Lovers
- Just needs updating
- Patio
- Private Garage
- Private Pool
- Spectacular views
- Storage Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,000€
Final Payment of 90% on completion
126,000€
Property Purchase Expenses
Property price
140,000€
Transfer tax 10%
14,000€
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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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.