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Ref: TH6233
Property marketed by Inland Andalucia

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This 329m2 build, 5 bedroom, 2 bathroom Townhouse is situated in the popular historical city of Alcala la Real in the south of Jaen province in Andalucia, Spain. The substantial property with a generous town plot size of 193m2 is in need of major renovation which is reflected in the market price of 43,000 euros. For those who are not builders or professional renovators, we would advise any potential purchasers to view the property with a surveyor or architect in order to understand what is required to reform this large building. The property has many features including original tiles and not least the wonderful wooden doors through which you enter the townhouse into a hallway. To the left is a sitting room then a corridor that leads first to a ground floor bathroom, a bedroom, a sitting room with an open fireplace, a dining room, an old kitchen space and finally into a workshop and storage room. Stairs from the workshop take you a number of rooms on part of the first and second floors which are all in some form of disrepair. Back on the ground floor, the hallway contines to a doorway giving access out into a spacious courtyard off which is a shower room and includes former animal pens and a storage area. The main stairs from the hallway take you to the part of the first floor that is in a more reasonable condition where you have 3 large and 2 smaller rooms. A great opportunity for those who understand what is involved in bringing this extensive property and grounds back to life.
Property Features
- 5 bedrooms
- 2 bathrooms
- 329m² Build size
- 193m² Plot size
- B&B potential
- Charming Property
- Close to Amenities
- Fireplace
- Fitted Kitchen
- Full of Character
- Ideal Family Home
- Investment Property
- Laundry Room
- Near Public Transport
- Part Furnished
- Patio
- Renovation Needed
- Separate Diner
- Spacious Accommodation
- Storage Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
1,300€
Final Payment of 90% on completion
38,700€
Property Purchase Expenses
Property price
43,000€
Transfer tax 10%
4,300€
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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