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Ref: TH6205
Property marketed by Inland Andalucia

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This three-storey townhouse in Alcaudete, in the Jaen province of Andalucia, Spain, is in need of new owners. With just a little updating this could make a lovely family home or a great holiday property with a good size private patio and nice views. It has had a new roof and could be lived in immediately. Enter the tiled vestibule into a hallway with a large living area, at present used as a bedroom, ahead is another living or dining area with the original stairs and the back door onto the patio with a kitchen, a bathroom and a covered terrace, under which is a store room with a low door opening onto a lower garden area. The stairs lead up to a landing off which are two rooms and further stairs up to the large attic spaces. There could easily be four bedrooms as well as an another bathroom on the first and second floors. A really nice solid property with views of the castle from the front of the house and you have a car park opposite. An ideal DIY project or investment to update and add value to the property, on the market for 50,000 euros.
Property Features
- 4 bedrooms
- 1 bathroom
- 250m² Build size
- 118m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
2,000€
Final Payment of 90% on completion
45,000€
Property Purchase Expenses
Property price
50,000€
Transfer tax 10%
5,000€
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.
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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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