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Ref: TH6238
Property marketed by Inland Andalucia

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This 190m2 build 5 bedroom property is situated in the sought after town of Luque in the Cordoba province of Andalucia, Spain. Set back from the road with parking right outside you enter the property through 2 sets of quality doors into a tiled hall with a formal dining room on the left, ahead leads into a reception area with a ground floor bedroom, also to the left. From the reception area you have a lounge with access out into a private tiled patio off which is the fully tiled kitchen and a ground floor shower room. An outside staircase takes you up to a good size storage room and then to a partly covered terrace with an utility space. Back in the reception area, a staircase takes you to the first floor landing from where you have a double bedroom with a Juliet balcony on the left, there are 2 middle bedrooms, one of which has steps leading to a spacious second level room that could be an additional bedroom. Back on the first floor landing and to the right is a further bedroom that looks out over the patio. Just needing a little TLC, on the market for 68,000 euros represents real value for a 5 bedroom property in this popular sought after town in southern Spain.
Property Features
- 5 bedrooms
- 1 bathroom
- 190m² Build size
- 104m² Plot size
- Charming Property
- Close to Amenities
- Fitted Kitchen
- Ideal Family Home
- Just needs updating
- Laundry Room
- On Street Parking
- Part Furnished
- Patio
- Separate Diner
- Storage Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
3,800€
Final Payment of 90% on completion
61,200€
Property Purchase Expenses
Property price
68,000€
Transfer tax 10%
6,800€
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.