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Ref: TH6206
Property marketed by Inland Andalucia

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Traditional town house to renovate with a large garden plot and castle views on the outskirts of Alcaudete in the Jaén province of Andalucía. Entering through the back gate, you will find a 926m² plot with great potential and beautiful views of Alcaudete’s castle. Going into the house from the back door, you step into a living area with a fireplace. To the left is a long, spacious room and to the right are stairs leading down to the kitchen. A hallway connects the kitchen to a bathroom, a second living space with the main front entrance and two staircases. The first staircase leads to a landing with a storage space, a walk-through bedroom and the main front bedroom with a balcony. The second staircase leads to the long room (also accessible from the first living space), which opens back out into the garden. The roof in one room is being removed to create a roof terrace. This property on a large urban plot has access from two streets and is a great investment opportunity, subject to planning consent.
Property Features
- 2 bedrooms
- 1 bathroom
- 131m² Build size
- 1,022m² Plot size
- Fireplace
- Fruit Trees
- Garden
- Investment Property
- Renovation Needed
- Spectacular views
- Unfurnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,000€
Final Payment of 90% on completion
36,000€
Property Purchase Expenses
Property price
40,000€
Transfer tax 10%
4,000€
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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