4 bedroom Villa for sale in Casares, Málaga, Spain

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DRYING ROOM / CASARES (MALAGA) / INVESTMENT NON-MORTGAGEABLE PRICE: €145,000 / Previously €155,000 (Expenses Not Included) Contact: IDEAL FOR INVESTORS Unique Opportunity in El Secadero! Ideal for Investors or Developers – Project with Great Potential Property for sale with 290m² of surface area (10x29) in an excellent location in El Secadero, with project and budgets already available for rehabilitation The property currently has a very solid structure that allows for two approaches: • Option 1: Expansion project to build up to 4 independent apartments • Option 2: Utilize the current structure to create 2 homes with 2 bedrooms each, without the need for major structural work Additionally, the property features: • Several parking spaces • Private garden • Terrace and rooftop with clear views A perfect opportunity for those looking to invest in a quiet area with good demand and in expansion • Location: El Secadero (Cadiz – Campo de Gibraltar) • Total area: 290 m² • Project documentation and budgets available for review

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Property Features

4 bedrooms
2 bathrooms
160m² Build size
290m² Plot size
Garden
Double Bedrooms: 3

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

10,500€

Final Payment of 90% on completion

121,500€

Property Purchase Expenses

Property price

135,000€

Transfer tax 10%

13,500€

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:

135,000€

Deposit:

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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.

Spanish Property News & Updates by Spain Property Portal.com

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%.