3 bedroom Townhouse for sale in Cartagena, Murcia, Spain

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Ref: AG19MLSC165799

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Rustic property with 3-bedrooms, living room, kitchen, patio and terrace Description: 10,000 m² rustic estate in a protected, peaceful area, just 5 minutes from the sea (Mazarrón). House to renovated with 3 bedrooms, living room, kitchen (no bathroom), interior patio, exterior terrace and an old, non-functioning fireplace. Mains electricity connected, water from well or cistern (no mains water) Local regulations prohibit extensions – only conservation works allowed. Legal documents available: land registry extract and planning certificate. Very competitive price: €1.10/m², compared to the usual €3–10/m². Ideal as a second home or natural refuge. Best suited for buyers with own funds (mortgages difficult on non-urban land).

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Property Features

3 bedrooms
0 bathrooms
80m² Build size
10,000m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

8,000€

Final Payment of 90% on completion

98,996€

Property Purchase Expenses

Property price

109,995€

Transfer tax 8%

8,800€

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.

Mortgage Calculator

Mortgage Amount:

109,995€

Deposit:

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Mortgage Result

* 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%.