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Ref: 958
Ejendom markedsført af Creative Property Marketing SL
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Forespørgsel Detaljer:
Create a spacious home, a bijou hotel or luxury B&B in the heart of historic Medina Sidonia. All the structural work is completed, ready for finishing and with scope for your choice of materials and future use. Walking distance of all local bars, restaurants, culture and amenities – the perfect spot for a tourism business or a luxury home.
For sale directly from the owners!
This large property is a typical patio house located within the heart of the bustling, white hill-top town of Medina Sidonia, overlooking the bay of Cadiz. The history of the town dates back thousands of years and is seen as one of the most important historical towns in the whole of Spain, inhabited in turn by the Phoenicians, Romans, and Moors
The property itself is a part completed love affair with Medina Sidonia – the current owners wanted to create a bijou hotel or luxury B&B to service the high demand from tourists who visit. Its proximity to great restaurants, tapas bars, historical sites and museums, the castle and the cultural events held regularly throughout the year, it is the perfect place for a business.
However, the property could equally be used as a spacious home away from home for people who want to integrate into local life. The house could be used as a “lock and leave” holiday home or as a year-round home as this is a town that does not die in the winter. There is a vibrancy to Medina Sidonia that gets under your skin and will keep you entertained for as long as you wish.
The town has bags of history but it also benefits from many modern facilities. It is also an ideal place from which to explore the rest of the Cadiz province – a short drive gets you to the beaches which are some of the best in Spain. The cities of Sevilla, Jerez and Cadiz are all within easy reach and you can even enjoy a day trip to Morocco…it´s that close to another continent!
The project so far…
The current owners wanted to create a luxury boutique hotel or B&B and have permission for a Casa Rural Superior which is a cut above the standard tourism offerings.
To allow them to offer a superior venue for guests, the original house has undergone a full structural renovation with new floors, underpinning, new walls, new roofs and much more. It is safe to say that structurally, you could not do any more to the property.
The owners can provide as much detail as is required as they have managed the process directly with the help of local trades.
What is left to do is very much the aesthetic finishes – wiring and plumbing have been left to allow new owners to install exactly what they wish… Whilst some of the photos can suggest that there is more to do, the reality is that once the electrics and plumbing are in place, it is a question of plastering, decoration and tiling.
The construction to date has been prepared to receive an underfloor heating and cooling system and
Yes, the property needs to be finished and yes, there’s going to be costs (we estimate around €100,000) but the property you would end up with will be of the highest quality in terms of the structure, its future comfort and suitability and will be a comfortable home for many years to come.
The property layout…
The property is set across three floors and has been designed to offer flexibility and a certain degree of future proofing with the provision of a ground floor bedroom and en-suite bathroom. This bedroom also ensures the design caters to the requirements for a bedroom for those with less mobility.
The main entrance comes into a covered porch area which then leads into the impressive central courtyard patio with its original brick arches and columns.
The living room is an impressive 25M2 and the kitchen and dining room offers another 22M2 of space.
A further reception room and store complete the accommodation on this ground floor.
Stairs lead up to the first floor where you will find a traditional galleried landing overlooking the patio below.
On this level are four double bedrooms, each planned for en-suite bathrooms. The largest of the bedrooms is more than 20M2 and has space for a sitting area or dressing area.
All of the original wooden beamed ceilings have been replaced to maintain the style and ensure all form a robust integral part of the overall renovation project.
A door leads out to the lower terrace area with plunge pool. From this terrace, steps rise up to the large roof terrace which benefits from views across the historic roof tops of Medina Sidonia and the surrounding countryside, with Cádiz and Jerez in the distance.
Medina Sidonia and Cadiz…
The current owners live in Medina Sidonia, close to the house and will be pleased to answer any questions you might have in relation to the project itself, life in the town and the future use of the property going forward.
The property is available for sale within a company structure. This costs on average around €1,000 per year to administer but it has a range of benefits to the buyer in so much as it can save a lot of money normally paid in ITP, the transfer tax applied to all second-hand sales in Andalucia.
We feel that this is an extraordinary opportunity for the right people who want to integrate into this charming town and who either want to create a thriving tourism business or a comfortable year-round home.
Purchasing the property which is in a company structure…
The property is held within a company structure which can be beneficial in terms of tax. There is an annual cost for the maintenance of the company but buying the company could potentially save you around 10% of the normal costs related to buying a second-hand property.
For sale directly from the owners!
This large property is a typical patio house located within the heart of the bustling, white hill-top town of Medina Sidonia, overlooking the bay of Cadiz. The history of the town dates back thousands of years and is seen as one of the most important historical towns in the whole of Spain, inhabited in turn by the Phoenicians, Romans, and Moors
The property itself is a part completed love affair with Medina Sidonia – the current owners wanted to create a bijou hotel or luxury B&B to service the high demand from tourists who visit. Its proximity to great restaurants, tapas bars, historical sites and museums, the castle and the cultural events held regularly throughout the year, it is the perfect place for a business.
However, the property could equally be used as a spacious home away from home for people who want to integrate into local life. The house could be used as a “lock and leave” holiday home or as a year-round home as this is a town that does not die in the winter. There is a vibrancy to Medina Sidonia that gets under your skin and will keep you entertained for as long as you wish.
The town has bags of history but it also benefits from many modern facilities. It is also an ideal place from which to explore the rest of the Cadiz province – a short drive gets you to the beaches which are some of the best in Spain. The cities of Sevilla, Jerez and Cadiz are all within easy reach and you can even enjoy a day trip to Morocco…it´s that close to another continent!
The project so far…
The current owners wanted to create a luxury boutique hotel or B&B and have permission for a Casa Rural Superior which is a cut above the standard tourism offerings.
To allow them to offer a superior venue for guests, the original house has undergone a full structural renovation with new floors, underpinning, new walls, new roofs and much more. It is safe to say that structurally, you could not do any more to the property.
The owners can provide as much detail as is required as they have managed the process directly with the help of local trades.
What is left to do is very much the aesthetic finishes – wiring and plumbing have been left to allow new owners to install exactly what they wish… Whilst some of the photos can suggest that there is more to do, the reality is that once the electrics and plumbing are in place, it is a question of plastering, decoration and tiling.
The construction to date has been prepared to receive an underfloor heating and cooling system and
Yes, the property needs to be finished and yes, there’s going to be costs (we estimate around €100,000) but the property you would end up with will be of the highest quality in terms of the structure, its future comfort and suitability and will be a comfortable home for many years to come.
The property layout…
The property is set across three floors and has been designed to offer flexibility and a certain degree of future proofing with the provision of a ground floor bedroom and en-suite bathroom. This bedroom also ensures the design caters to the requirements for a bedroom for those with less mobility.
The main entrance comes into a covered porch area which then leads into the impressive central courtyard patio with its original brick arches and columns.
The living room is an impressive 25M2 and the kitchen and dining room offers another 22M2 of space.
A further reception room and store complete the accommodation on this ground floor.
Stairs lead up to the first floor where you will find a traditional galleried landing overlooking the patio below.
On this level are four double bedrooms, each planned for en-suite bathrooms. The largest of the bedrooms is more than 20M2 and has space for a sitting area or dressing area.
All of the original wooden beamed ceilings have been replaced to maintain the style and ensure all form a robust integral part of the overall renovation project.
A door leads out to the lower terrace area with plunge pool. From this terrace, steps rise up to the large roof terrace which benefits from views across the historic roof tops of Medina Sidonia and the surrounding countryside, with Cádiz and Jerez in the distance.
Medina Sidonia and Cadiz…
The current owners live in Medina Sidonia, close to the house and will be pleased to answer any questions you might have in relation to the project itself, life in the town and the future use of the property going forward.
The property is available for sale within a company structure. This costs on average around €1,000 per year to administer but it has a range of benefits to the buyer in so much as it can save a lot of money normally paid in ITP, the transfer tax applied to all second-hand sales in Andalucia.
We feel that this is an extraordinary opportunity for the right people who want to integrate into this charming town and who either want to create a thriving tourism business or a comfortable year-round home.
Purchasing the property which is in a company structure…
The property is held within a company structure which can be beneficial in terms of tax. There is an annual cost for the maintenance of the company but buying the company could potentially save you around 10% of the normal costs related to buying a second-hand property.
Egenskaber
- 5 soveværelser
- 5 badeværelser
- 286m² Byg størrelse
Omkostningsfordeling
Standard betalingsform
Reservationsdepositum
3.000€
Resten af depositum til 10%
19.500€
Slutbetaling på 90% ved afslutning
202.500€
Ejendomsomkostninger
Ejendomspris
225.000€
Overførselsafgift 10%
22.500€
Notargebyrer (ca.)
600€
Matrikelgebyrer (ca.)
600€
Advokatgebyrer (ca.)
1.500€
* Overførselsafgift er baseret på salgsværdien eller matrikelværdien, der er den højeste.
** Ovenstående oplysninger vises kun som vejledning.
Realkreditlommeregner
Realkreditbeløb:
225.000€
Depositum:
€
Rente:
%
Periode:
Realkreditresultat
* Ovenstående oplysninger leveres af The MHI Group og vises kun som vejledning. Individuelle omstændigheder kan ændre den sats, vi tilbyder for et realkreditlån. Klik på linket herunder for at få et personligt tilbud.
Spanske ejendomsnyheder og opdateringer fra Spain Property Portal.com
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.