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Ref: MI-50098
Property marketed by Vivacosta

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Fully renovated finca located near the village of Alcalalí, in the Jalon Valley. The property is built on one level and includes four bedrooms, two bathrooms, and a new fully equipped kitchen.Features include wooden beam ceilings, natural stone details, a wood-burning stove, and air conditioning in all rooms. The plot is fully fenced and offers several terraces, an outdoor kitchen, fruit trees, and a vegetable garden.Southwest orientation ensures sunlight throughout the day. Within walking distance of local shops, restaurants, and services.
Property Features
- 4 bedrooms
- 2 bathrooms
- 231m² Build size
- 7,938m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
66,500€
Final Payment of 90% on completion
625,500€
Property Purchase Expenses
Property price
695,000€
Transfer tax 8%
55,600€
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.