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Ref: CJ780
Property marketed by Inland Andalucia
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This large 170m2 cortijo is situated in the heart of gorgeous countryside near Fuensanta de Martos in the Jaen province of Andalucia, Spain. What a stunning location it is, mountain views, trickling river, peace and privacy prevail here. We only see half of the house at present but there is so much more to it. Behind the kitchen wall are some stairs and more rooms to open up both upstairs and downstairs. We enter the Spanish style farmhouse kitchen and two storage rooms on the ground floor above which the attic rooms which are, at the moment, accessible via ladder and trap door. What a fabulous location it is only 7km from the nearest town (which is Valdepeñas de Jaén) but in the wilds. This could be transformed into a lovely, large home or for a B&B for mountain bikers and walkers. The Cortijo comes with a 16,000m2 plot including 300 olive trees some of which are adjacent to the river, the others surround the cortijo. At present the olive trees are rented out, this could continue if wanted.
Property Features
- 5 bedrooms
- 0 bathrooms
- 170m² Build size
- 16,000m² Plot size
- B&B potential
- Detached
- Fireplace
- Ideal Family Home
- Ideal for Country Lovers
- Renovation Needed
- Spacious Accommodation
- Spectacular views
- Storage Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,000€
Final Payment of 90% on completion
99,000€
Property Purchase Expenses
Property price
110,000€
Transfer tax 10%
11,000€
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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