1 bedroom Country House for sale in Alora, Málaga, Spain

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Ref: EFML5232Z

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This little one bed cottage, with beamed ceilings, has an amazingly convenient location with access directly from a tarmac road. With a bathroom and open plan living room and kitchen and one bedroom, a massive covered terrace area, a fenced paddock, stables and 28,900sqm of very usable land, for animals, crops or tree planting.The house has mains water and electricity and an OCA licence (permission to keep up to 5 horses). Great potential for expansion as a home or equestrian business. ref:APN7373

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Property Features

1 bedroom
1 bathroom
70m² Build size
28,900m² Plot size
0

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

16,800€

Final Payment of 90% on completion

178,200€

Property Purchase Expenses

Property price

198,000€

Transfer tax 10%

19,800€

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.

Mortgage Calculator

Mortgage Amount:

198,000€

Deposit:

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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.