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Ref: EFML2751T
Property marketed by España Dream Properties

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A stunning property in the very sought after area of El Chorro internationally renowned for its climbing and walking, not to mention the wonderful flora and fauna, and just minutes from the famous Caminito del Rey. The house has undergone a total face lift wth all new electrics and plumbing and offers a spacious open plan living area with fitted kitchen and dining room, three or four bedrooms, Great terraces and swimming pool and garden areas and parking for 10 cars. The land which is mainly planted with Olives is 5,787m2. ref:APN6260
Property Features
- 4 bedrooms
- 2 bathrooms
- 140m² Build size
- 5,000m² Plot size
- Swimming Pool
- 0
- 1
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
36,500€
Final Payment of 90% on completion
355,500€
Property Purchase Expenses
Property price
395,000€
Transfer tax 10%
39,500€
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.