Cave House for sale in Galera, Granada, Spain

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Ref: v3134

Property marketed by Colours of Andalucia Rusticom

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A newly reformed 3 bedroom cave house with some finishing touches to be done with a small walled patio area at the front. Situated at the top of the beautiful cave village of Galera Granada, south facing with views over the town and towards the mountains. The cave is within easy walking distance of the town centre. water and electric available for connection --- -------------------------------------------- Full video tour available.--------
The property consists of 3 bedrooms, a large living room with high ceilings, bathroom, galley kitchen and a snug room.

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Property Features

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0 bedrooms
1 bathroom

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

4,600€

Final Payment of 90% on completion

68,400€

Property Purchase Expenses

Property price

76,000€

Transfer tax 10%

7,600€

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:

76,000€

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%.