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Ref: NTH050
Property marketed by Competa Properties S.L.

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Townhouse with great potential in the historic centre of Nerja
Located in the heart of Nerja's historic centre, this spacious 184 m² townhouse represents an excellent investment opportunity or a chance to renovate it into a spectacular family home.
The property is currently divided into two separate dwellings with separate entrances:
-The ground floor has 4 bedrooms, a living room, kitchen and bathroom.
-The upper floor, with separate access, offers 2 bedrooms, a living room, kitchen and bathroom.
Both dwellings are in need of renovation, allowing them to be completely adapted to your needs, whether you wish to maintain two separate properties (ideal for holiday rentals or long-term rentals) or merge them to create a large, charming traditional Andalusian house.
In addition, it has a large sunny terrace, perfect for enjoying the area's good climate all year round.
Located a few minutes' walk from the beaches, the Balcón de Europa and surrounded by shops, restaurants and all amenities, this property is an ideal option both as a permanent residence and as a high-yield investment project.
Located in the heart of Nerja's historic centre, this spacious 184 m² townhouse represents an excellent investment opportunity or a chance to renovate it into a spectacular family home.
The property is currently divided into two separate dwellings with separate entrances:
-The ground floor has 4 bedrooms, a living room, kitchen and bathroom.
-The upper floor, with separate access, offers 2 bedrooms, a living room, kitchen and bathroom.
Both dwellings are in need of renovation, allowing them to be completely adapted to your needs, whether you wish to maintain two separate properties (ideal for holiday rentals or long-term rentals) or merge them to create a large, charming traditional Andalusian house.
In addition, it has a large sunny terrace, perfect for enjoying the area's good climate all year round.
Located a few minutes' walk from the beaches, the Balcón de Europa and surrounded by shops, restaurants and all amenities, this property is an ideal option both as a permanent residence and as a high-yield investment project.
Property Features
- 6 bedrooms
- 2 bathrooms
- 184m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
44,500€
Final Payment of 90% on completion
427,500€
Property Purchase Expenses
Property price
475,000€
Transfer tax 10%
47,500€
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.
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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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