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Property marketed by Colours of Andalucia Rusticom

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For sale: fenced country property in Baza (Granada) with 6,000 m2 of land (approx. 62,000 sqft) and its own water well, perfect for those seeking space, nature, and peace. The property includes a 3 bedroom house, 1 bathroom, a kitchen, and a cozy living room with fireplace, plus a 42 m2 garage (452 sqft) that can be used for vehicles or storage. The property has a well for water and solar panels or a generator would need to be installed for electrics. ------------------------------ A property full of potential, whether as a permanent home, a weekend getaway, or a rural project.
Property Features
- View Video Tour
- 3 bedrooms
- 1 bathroom
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,500€
Final Payment of 90% on completion
139,500€
Property Purchase Expenses
Property price
155,000€
Transfer tax 10%
15,500€
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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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.