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Ref: v3098
Property marketed by Colours of Andalucia Rusticom
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A rare opportunity to acquire a cave house renovation project with a spacious garden at the front and opposite. Tremendous renovation potential in the hamlet of La Alqueria, Granada, just minutes from beautiful town of Galera, Granada. ------------- Video tour available ---------------------------- The cave property comprises three bedrooms in the main part of the house and room for one bathroom, a kitchen and a living room with a fireplace, along with two storage rooms. In addition there are two cave rooms that could serve as further bedrooms, two rooms opening onto a private patio, and a garage. Above the garage on the first floor you will find two attic rooms in ruins which link into the cave structure. ------------------------------------------- Together, the cave and its attached buildings encompass approximately 300 sqm, with a garden size of about 400 sqm that could be used to form a private garden. Water and electricity connections available for reconnection. The plot benefits from good, level access and includes parking.
Property Features
- View Video Tour
- 4 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
20,500€
Property Purchase Expenses
Property price
23,500€
Transfer tax 10%
2,350€
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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