Cave House for sale in Galera, Granada, Spain

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Ref: v3095

Property marketed by Colours of Andalucia Rusticom

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A newly renovated 3 bedroom cave house with a large upstairs studio guest room above with its own entrance and a large patio. The property is sat on the hillside of the beautiful cave village of Galera, Granada with amazing views of the town and countryside below. ------------------------------------
The ground floor cave has 2 bedrooms, a large open plan kitchen/ living room, bathroom and small snug area. There is a large studio above with windows on both ends and a bathroom area. The patio is walled and private and with excellent views. ------------------------------ At the advertised price the property is sold painted, with glazing fitted and interior doors fitted. Mains electric and water contracts available for connection for the buyer.

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Property Features

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0 bedrooms
2 bathrooms

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

6,900€

Final Payment of 90% on completion

89,100€

Property Purchase Expenses

Property price

99,000€

Transfer tax 10%

9,900€

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:

99,000€

Deposit:

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* 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%.