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LOCATED CENTRALLY IN THE POPULAR TOWN OF RUTE LESS THAN AN HOUR FROM MALAGA AND NEXT DOOR TO IZNAJAR WITH ITS BEAUTIFUL LAKE AND BEACH AREA THIS IS “FINISHING OFF PROJECT” SO PRICED ACCORDINGLY.
Situated on a corner plot and 5 minutes walk from the main shopping area this house is a great project for the right person with first fix electricity installed. On entering there is a reception room and off it is a tile kitchen area with a walk in utility room.
The staircase leads to the first floor where there is what would be a bedroom/ or landing area with a Juliette balcony and a tiled room ready for a bathroom. There is then a second marbled staircase leading to the second floor is a bedroom which has floor tiles, new window and new plaster on the walls with access to a raised wrap around sun terrace with great views over the chimney tops to the mountains.
The current owner does not wish to finish the project and selling as it is.This is ideal as a holiday home and could be fabulous once finished at a great price
Rute is a larger Town yet unspoiled less than one hour from Malaga and offers a whole host of bars, restaurants and shops, famous for its Jamon and anis along with the Chocolate factory to which people from across Spain travel every year to see the famous nativity scene. Iznajar is right next to Rute and thought to be one of the prettiest white villages in Spain with its stunning lake and beach areas. Malaga airport is less than an hour away from Rute along with Granada city.
Please ask us for more information and enjoy the video
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
850€
Final Payment of 90% on completion
34,650€
Property Purchase Expenses
Property price
38,500€
Transfer tax 10%
3,850€
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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