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If you're looking for a project with the potential to be something really special, this townhouse in Martos, Jaen province, is definately one worth considering. The property has stunning views out over the town and to the countryside beyond. It offers accommodation over 3 floors, including a basement area and has 2 patios. The house requires complete renovation, including some repairs to the roof, but this means it is a blank canvas for you to reform to your own taste and requirements. Once renovated, the property could have at least 3 good-sized bedrooms, 2 bathrooms, sitting room, lounge, dining room and kitchen, but the choice is yours !
Many of the towns amenities, including bars, shops, banks and supermarkets, are within walking distance of the property.
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 fiesta's are held here throughout the year. This is the perfect town for those wishing to experience the true Spanish lifestyle.
Many of the towns amenities, including bars, shops, banks and supermarkets, are within walking distance of the property.
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 fiesta's are held here throughout the year. This is the perfect town for those wishing to experience the true Spanish lifestyle.
Property Features
- View Video Tour
- 3 bedrooms
- 0 bathrooms
- Covered Terrace
- Near Transport
- Renovation Needed
- Near amenities
- In Town Center
- Walk to shops
- Walk to bars
- Walk to restaurants
- Hospital 5 Km
- Patio
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
12,750€
Property Purchase Expenses
Property price
15,750€
Transfer tax 10%
1,575€
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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