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Ref: EFML8059M
Property marketed by España Dream Properties

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BEAUTIFUL RUSTIC FINCA IN ALORA! This property has an area of 3,700 m2 and a house of 115m2 distributed over two floors, swimming pool, gardens, well, electricity and mains water. The ground floor consists of a kitchen-dining room, toilet, a bathroom and a bedroom. On the first floor there are two bedrooms with air conditioning. In addition, the property benefits from another building with lounge and breakfast bar which can be converted into a separate guest flat. The land has a variety of plants and fruit trees.Good sized pool and spectacular views. Without a doubt, a great investment opportunity. ref:APN7515
Property Features
- 3 bedrooms
- 2 bathrooms
- 112m² Build size
- 3,700m² Plot size
- Swimming Pool
- 0
- 1
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
43,000€
Final Payment of 90% on completion
414,000€
Property Purchase Expenses
Property price
460,000€
Transfer tax 10%
46,000€
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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Spanish Property News & Updates by Spain Property Portal.com
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.