7 bedroom Apartment for sale in Granada, Granada, Spain

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Ref: TV506

Property marketed by Estate Agents Pérez-Oglietti

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Spacious apartment to be renovated in the Carrera de la Virgen, in front of the Corte Inglés in Granada. 159M2, currently consists of 7 bedrooms, living room, kitchen, bathroom and dining room. Built in the early 20th century with high ceilings and endless corridors. It is interior, the light it receives is through 2 interior patios and 2 of the rooms have balconies facing San Pedro Martir street. It is 1st floor with elevator. Located in one of the most emblematic streets of Granada, in the heart of the city, surrounded by parks and all kinds of shops, bus stop, etc. Due to its privileged location and being on the first floor, it is also open to setting up any type of business from a notary's office, dentist, law firm, etc. It needs a comprehensive refurbishment.

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Property Features

7 bedrooms
1 bathroom
159m² Build size
Furnished : No
Closeby : Street/market
Closeby : Restaurants/bars.
Closeby : Drugstore
Closeby : School
Closeby : Shopping ctr.

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

49,500€

Final Payment of 90% on completion

472,500€

Property Purchase Expenses

Property price

525,000€

Transfer tax 10%

52,500€

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:

525,000€

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%.