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Property marketed by The Property Group
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Unique opportunity in Pilar de la Horadada, specifically in the quiet area of Pinar de Campoverde A property is for sale at an attractive price of only €170,000, well below its real market value This home features a generous built area of 145 m² and is situated on a spacious plot covering 311 m² With a south-facing orientation, it offers ample natural light throughout the day The house has three double bedrooms perfect for families or as an investment; it also has two full bathrooms that ensure comfort for all its inhabitants Although it is kept in its original state, it presents multiple possibilities for adaptation to personal tastes through future renovations It includes private parking, facilitating access and vehicle security As this is a mortgage pending auction, this offer represents not only an excellent housing opportunity but also a financial one Become a homeowner today by taking advantage of this unmatched deal The acquisition process requires passing a filter of the potential buyer, who must show available funds to purchase it The management of the property award or resale in the auction will be carried out by an assigned professional office It is not possible to finance this acquisition
Property Features
- 3 bedrooms
- 2 bathrooms
- 145m² Build size
- 311m² Plot size
- Near Bus Route
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,000€
Final Payment of 90% on completion
153,000€
Property Purchase Expenses
Property price
170,000€
Transfer tax 8%
13,600€
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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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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.