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Cortijo Aceitunas - a hidden gem in the Macapas area, just 1 kilometer from Alcaucin village This villa offers: four bedrooms, including a master bedroom with massive wardrobe space, two bathrooms, and a spacious living area with potential for renovation A large parking area, garage with water, electric facilities A pool with distant lake views, surrounded by mature olive and fig trees Established gardens with irrigation West-facing aspect with stunning mountain views and sunset vistas Concrete track leading to the property, now fully concreted for easy access Character-filled property with plenty of potential for renovation and landscaping Sold as-is, with furniture and appliances included Don't miss this chance to own a unique property with massive potential
Property Features
- 4 bedrooms
- 2 bathrooms
- Superfast Fiber Internet
- Close to medical centre
- Close To Town And Amenities
- Furnished
- Garage
- Mains Electricity
- Mains Water
- Private Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
30,400€
Final Payment of 90% on completion
300,600€
Property Purchase Expenses
Property price
334,000€
Transfer tax 10%
33,400€
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.