5 bedroom Commercial Property for sale in Alcaudete, Jaén, Spain

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Ref: CM181

Property marketed by Inland Andalucia

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Fabulous town house turned into a hotel in Alcaudete, Jaén province, Andalucia. Near the castle and amenities this property was reformed and run as a hotel-bed and breakfast before being out of action for several years. Four or five letting bedrooms with en suite, reception area, lounge, bar, dining room and catering kitchen with store rooms, guest toilets and an outside roof terrace with bar and entrance from the back. Internal split level patio, this appealing four storey property needs bringing back to life.
Book your viewing to see its charm and possibilities as both a home and business.

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Property Features

5 bedrooms
6 bathrooms
272m² Build size
110m² Plot size
Air Conditioning
B&B potential
BBQ
Built to High Standards
Charming Property
Close to Amenities
En Suite Bathroom
Fireplace
Fitted Kitchen
Good Rental Potential
Guest Toilet
Luxury Fittings
Part Furnished
Patio
Renovated
Roof Sun Terrace
Spacious Accommodation
Storage Room
Sun Terrace
Tastefully Decorated
Well Presented

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

17,000€

Final Payment of 90% on completion

180,000€

Property Purchase Expenses

Property price

200,000€

Transfer tax 10%

20,000€

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:

200,000€

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%.