Townhouse for sale in Salares, Málaga, Spain

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Ref: TH1244

Property marketed by Competa Properties S.L.

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This is one of our properties located in the picturesque village of Salares. This unfinished structure sits on approximately 1,560 m² of land, offering a fantastic opportunity to create a custom home or investment property. The building is partially constructed, allowing the new owner to finish it to their own taste and specifications.

In addition to the main structure, the property includes a spacious garage that could easily be converted into a guest apartment or used as secure parking. With its generous plot size and flexible layout, this property offers great potential in one of Andalusia’s most charming white villages.

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Property Features

0 bedrooms
0 bathrooms
1,560m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

13,900€

Final Payment of 90% on completion

152,100€

Property Purchase Expenses

Property price

169,000€

Transfer tax 10%

16,900€

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:

169,000€

Deposit:

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Interest Rate:

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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%.