2 bedroom Townhouse for sale in Mollina, Málaga, Spain

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Ref: TH6242

Property marketed by Inland Andalucia

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This 2 bedroom property is situated just off the town square in the centre of Mollina in the Malaga province of Andalucia, Spain. Close to all the local amenities the town has to offer including shops, bars and restaurants, all within easy walking distance. Once inside the property offers a sitting room, kitchen and bathroom. On the first floor two bedrooms one accessed directly from the other. The townhouse is in need of updating but has mains water and electrics connected. Would make a great project as an ideal ' Lock up and go ' or as a rental investment property in the centre of town.

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Property Features

2 bedrooms
1 bathroom
66m² Build size
28m² Plot size
Close to Amenities
On Street Parking
Renovation Needed

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

2,000€

Final Payment of 90% on completion

45,000€

Property Purchase Expenses

Property price

50,000€

Transfer tax 10%

5,000€

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.

Mortgage Calculator

Mortgage Amount:

50,000€

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%.