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This semi detached town house is just minutes from the Moorish castle that dominates Álora's skyline and is one of the town's many tourist attractions. All of which makes the property a desirable proposition as a home or letting unit.The house is accessed via a raised walkway and parking is usually available in the street or in the castle car park. On the ground floor you have a living room, kitchen, bathroom and utility room, plus one bedroom. Upstairs there are 3 more bedrooms and access to the lovely terrace with views down the valley to Málaga.The area is the oldest part of Álora, which grew up around the castle from the 12th century onwards. It is a brisk 10 minute walk to the town centre and all the amenities the town has to offer. Mains water and electricity are connected and WiFi is available. SEE VIDEO ref:APN7698
Property Features
- 4 bedrooms
- 1 bathroom
- 98m² Build size
- 71m² Plot size
- 0
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,600€
Final Payment of 90% on completion
131,400€
Property Purchase Expenses
Property price
146,000€
Transfer tax 10%
14,600€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.