3 bedroom Townhouse for sale

3 bedroom Townhouse for sale

Martos, Jaén
65,000
 
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Ref: Three Amigos
Property marketed by Undiscovered Spain
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Conveniently located near to shops, bars and an indoor market, this is a great opportunity to purchase a renovated townhouse with high rental potential in the popular town of Martos, in Jaen province. It has been converted into 3 independant 1 bedroom apartments, each a high standard with modern fixtures and fittings.
You enter from street level into a light and airy, central stairwell which gives access to all 3 apartments. Each apartment is a similiar design and layout with an open plan kitchen/lounge area, double bedroom and bathroom with shower. All 3 have a modern, fitted kitchen, plenty of natural light and updated plumbing, electrics and windows.
There is a double bonus with this property, one being the basement area that could be renovated to become another flat, used for storage or changed to a utilty area. There is also a small outside area here. The other is the roof terrace which offers spectacular views out over the town and to the countryside beyond, perfect for relaxing and soaking up the Spanish sunshine.
With just a few finishing touches, this property could offer a great rental income for those looking for a return on their investment, either for holidays, long-term or business rentals.
The town of Martos is located on a western peak of the Sierra Jabalcuz mountain range. It belongs to the metropolitan Area of Jaén, which is considered to be the second most important city after the capital. The closest airport is Granada which is around 50 minutes away or the larger airport of Malaga is around 1 hour 3/4. Martos is considered to be the greatest producer of olive oil in Spain. The town is situated beneath the Cerro de la Peña, topped with the ruins of the castle of the same name. This compact town spreads out over the slopes of the hill, under the Castle of La Villa and the Church of Santa Marí­a. Its privileged location offers beautiful views over a vast sea of olive trees. There is a large outdoor market held weekly near the park and several fiestas' throughout the year. There is a lovely outdoor municiple pool open in the summer and an indoor pool open all year round. This is the perfect town for those wishing to experience the true Spanish lifestyle.
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Property Features

  • View Video Tour
  • 3 bedrooms
  • 3 bathrooms
  • 138m² Build size
  • 62m² Plot size
  • Fitted Kitchen
  • Near Transport
  • Renovated
  • Roof Terrace
  • Storage
  • Near amenities
  • Easy Renting
  • Open plan kitchen
  • In Town Center
  • Tiled Bathroom
  • Walk to shops
  • Walk to bars
  • Walk to restaurants
  • Ceiling fans
  • Hospital 5 Km
  • Kitchen/Dining Area

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
3,500€
Final Payment of 90% on completion
58,500€
 
Property Purchase Expenses
Property price
65,000€
Transfer tax 10%
6,500€
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.

Mortgage Calculator

Mortgage Amount:
65,000€
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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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