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Ref: TH6296
Property marketed by Inland Andalucia
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On the market for 24,000 euros, this 4 bedroom townhouse with a garage and outside spaces is situated in popular Castillo de Locubin, close to the historical city of Alcala la Real in the south of Jaen province in Andalucia, Spain. Located on a quiet street with a large private garage, currently being used for storage. You enter the townhouse into a lounge with a sitting or dining room then the kitchen off to the right. Opposite the kitchen is a ground floor fully tiled shower room and there is access out into a private patio area. A small number of steps from the sitting room lead up into a storage room with a doorway out into another outside patio / garden space. Back in the lounge, towards the rear steps lead first to a bedroom then to stairs taking you to the first floor landing from where you have a double and a twin bedroom off to the right and a further bedroom to the left that has far-reaching countryside views. In need of renovating throughout, the property has town water and electricity connected, so it would be possible to reside in the townhouse whilst renovations were being carried out.
Property Features
- 4 bedrooms
- 1 bathroom
- 65m² Build size
- 63m² Plot size
- Fireplace
- Fitted Kitchen
- Garden
- Internet
- Investment Property
- Just needs updating
- Off Road Parking
- Part Furnished
- Patio
- Renovation Needed
- Spectacular views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
21,000€
Property Purchase Expenses
Property price
24,000€
Transfer tax 10%
2,400€
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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