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Ref: EMP9026T
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Townhouse with Great Potential in the Heart of Pinoso – Full Renovation RequiredThis spacious townhouse, located in the heart of Pinoso, offers plenty of potential for those looking to create a personalized home. With supermarkets, shops, cafes, and other local amenities just steps away, this property is perfectly situated for convenient everyday living.Inside, you'll find 5 bedrooms, a large open area on the second floor that connects to a terrace, and a generous garage—ideal for parking, storage, or even a workshop. The layout offers great flexibility, whether you're planning a family home, rental units, or a home office setup.? Please note: This property requires full renovation, making it an excellent project for investors, builders, or anyone ready to restore and transform a traditional Spanish townhouse.With its unbeatable central location and generous space, this is a unique opportunity to create your dream property in one of Alicante’s most desirable inland towns.
Property Features
- 5 bedrooms
- 1 bathroom
- main sewerage
- Electricity
- 5 bedrooms
- Mains Electric
- Private Terrace
- close to saturday market
- -50 min. drive from Airport
- large balcony
- Private Garage
- Close to School
- Balcony
- Garage for Two Cars
- Close to shops, restaurants, ...
- 2 floors
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,330€
Final Payment of 90% on completion
101,970€
Property Purchase Expenses
Property price
113,300€
Transfer tax 8%
9,064€
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.