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3-Bedroom Townhouse for Sale in Martos, Jaén – Just €16,000!
A renovation project with potential in the heart of Andalucía!
Priced at just €16,000, this 3-bedroom townhouse is an interesting opportunity for investors or buyers looking for a renovation project in the popular town of Martos, Jaén province.
Located in a pleasant, flat area of town, the property is within easy reach of local shops, bars and other everyday amenities. It requires internal renovation and repairs to part of the roof, making it best suited to someone with building experience or those prepared to take on a refurbishment project.
The property has a plot of approximately 55 m² and around 100 m² of built space, arranged over two floors of approximately 50 m² each.
On the ground floor, there is an entrance hall and sitting area then a few steps take you up to the kitchen kitchen, bathroom and a small private patio at the rear.
Upstairs, there are three bedrooms, one of which requires roof repairs. The renovation offers the opportunity to update the accommodation and make the most of the available space.
Once refurbished, the property could become a low-cost holiday home in Spain, a rental property or a house to resell, depending on the buyer's plans and the renovation budget.
Martos is a lively traditional Spanish town surrounded by olive groves, with shops, bars, restaurants, a weekly market and local fiestas throughout the year. It offers a taste of authentic Spanish life away from the main tourist resorts.
Asking price: €16,000
If you are looking for an affordable property in Spain and have the skills or vision to take on a renovation, this Martos townhouse could be an opportunity worth exploring.
Please note that the property requires internal renovation and roof repairs, which should be assessed and budgeted for by prospective buyers.
A renovation project with potential in the heart of Andalucía!
Priced at just €16,000, this 3-bedroom townhouse is an interesting opportunity for investors or buyers looking for a renovation project in the popular town of Martos, Jaén province.
Located in a pleasant, flat area of town, the property is within easy reach of local shops, bars and other everyday amenities. It requires internal renovation and repairs to part of the roof, making it best suited to someone with building experience or those prepared to take on a refurbishment project.
The property has a plot of approximately 55 m² and around 100 m² of built space, arranged over two floors of approximately 50 m² each.
On the ground floor, there is an entrance hall and sitting area then a few steps take you up to the kitchen kitchen, bathroom and a small private patio at the rear.
Upstairs, there are three bedrooms, one of which requires roof repairs. The renovation offers the opportunity to update the accommodation and make the most of the available space.
Once refurbished, the property could become a low-cost holiday home in Spain, a rental property or a house to resell, depending on the buyer's plans and the renovation budget.
Martos is a lively traditional Spanish town surrounded by olive groves, with shops, bars, restaurants, a weekly market and local fiestas throughout the year. It offers a taste of authentic Spanish life away from the main tourist resorts.
Asking price: €16,000
If you are looking for an affordable property in Spain and have the skills or vision to take on a renovation, this Martos townhouse could be an opportunity worth exploring.
Please note that the property requires internal renovation and roof repairs, which should be assessed and budgeted for by prospective buyers.
Property Features
- View Video Tour
- 3 bedrooms
- 1 bathroom
- 100m² Build size
- 55m² Plot size
- Near Transport
- Renovation Needed
- Near amenities
- Needs modernizing
- In Town Center
- Tiled Floors
- Walk to shops
- Walk to bars
- Walk to restaurants
- Hospital 5 Km
- Patio
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
0€
Final Payment of 90% on completion
13,000€
Property Purchase Expenses
Property price
16,000€
Transfer tax 10%
1,600€
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.
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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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