4 bedroom Villa for sale in Bilbao, Vizcaya, Spain

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Property marketed by Larrondo Servicios Inmobiliarios

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A unique opportunity in a prime location! Just 400 meters from the Deusto Bridge and close to the university and the college, this detached house for sale is surrounded by nature and boasting great potential. Key features: Constructed area: 136 m² Distributed over 2 floors + cabin Each floor has: 2 bedrooms 1 bathroom Separate kitchen Living/dining room Terrace Access via a few steps. Construction and renovations: Year of construction: 1930, stone structure and hipped roof Renovated in 1973 Roof renovated in 2017 Exterior: Plot with parking area for 4 vehicles Natural and tranquil surroundings: the nearest house is 70 meters away Ideal for renovating or building a new house according to needs and preferences. Exceptional location: Residential area of Deusto, quiet and well connected, close to universities, services and green areas.

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Property Features

4 bedrooms
2 bathrooms
166m² Build size
terrace
air conditioning

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

47,000€

Final Payment of 90% on completion

450,000€

Property Purchase Expenses

Property price

500,000€

Transfer tax 10%

50,000€

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.

Mortgage Calculator

Mortgage Amount:

500,000€

Deposit:

€

Interest Rate:

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Mortgage Result

* 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.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.