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Extreme Value: Secure an Exceptional Property with Vast Potential. An unparalleled investment opportunity in the highly sought-after town of Luque, within the Cordoba province of Andalusia, Spain. This substantial 198m² build, 5-bedroom Townhouse offers a blank canvas for complete personalisation, representing significant value in the Andalusian property market. Priced at just €35,000, it allows for immediate occupancy with the flexibility to update and modernise at your own pace.Key Features: Exceptional Scale and Layout: Five bedrooms and generous living spaces distributed over three floors. Desirable Location: Situated in Luque, a charming and popular area known for its proximity to the Sierra Subbética Natural Park. Private Outdoor Spaces: Multiple areas for relaxation, including a patio, an open garden, and a large private sun terrace boasting far-reaching countryside and mountain views. Excellent Accessibility: Located on a wide, level street with convenient on-road parking directly outside. Layout Overview: Ground Floor: Entry into a bright hallway, leading to a lounge/diner on the left. The main reception area straight ahead connects to the kitchen, a patio area (with a ground floor fully-tiled bathroom), and a storage room featuring an open fireplace. The patio seamlessly opens into the rear garden area. First Floor: The landing provides access to three bedrooms (a large double, a twin, and another double), plus direct access to the extensive private sun terrace with its breathtaking views. Stairs to the second floor are also located here. Second Floor: Two further large bedrooms, providing immense flexibility (one is currently utilised for storage). This is an immense property with valuable outside space, requiring renovation but offering a truly exceptional opportunity for an investor or a family seeking to create a magnificent home in southern Spain. If you want to watch a personalised video, the copy and paste the link below to your internet browser. https://youtu.be/73c_LoYEnKI
Property Features
- View Video Tour
- 5 bedrooms
- 1 bathroom
- 198m² Build size
- 120m² Plot size
- Swimming Pool
- Hot Water Gas
- Balcony
- Terrace
- Fireplace Wood
- Equipped kitchen
- Laundry room
- Garden
- Storage room
- Patio
- Pantry
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
500€
Final Payment of 90% on completion
31,500€
Property Purchase Expenses
Property price
35,000€
Transfer tax 10%
3,500€
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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Spanish Property News & Updates by Spain Property Portal.com
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.























