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Ref: EFML7906R
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Magnificent house of Andalusian essence, representative of the typical architecture of Álora, located in a historic area with great tourist potential, in the heart of the municipality. This property offers a cosy setting and stunning views of the village from its spacious sunny terrace, ideal for enjoying the climate and local beauty.With a total area of 280 m² distributed over three floors, the house has four spacious bedrooms, a living room with charming wooden beams on the ceiling that add character and warmth, a kitchen equipped with a laundry room, and two full bathrooms. The large terrace offers a perfect space to relax and contemplate the historic centre of Álora.Its privileged location, nearby services and its Andalusian charm make this house an ideal investment for those looking to live in an environment full of tradition, history and natural beauty. ref:APN7720
Property Features
- 4 bedrooms
- 2 bathrooms
- 260m² Build size
- 92m² Plot size
- 0
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,000€
Final Payment of 90% on completion
171,000€
Property Purchase Expenses
Property price
190,000€
Transfer tax 10%
19,000€
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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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.