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Cortijo Molino - A country house in the Albox area. (For Renovation)
A great opportuntiy for anyone looking for a renovation project.
The property is situated around 13 minutes drive from the popular town of Albox which offers all amenities including shops, supermarkets, banks, cafes, tapas bars, restaurants, schools, sports facilities and a 24 hour medical centre.
The house sits on a plot of land 5326m² with an agricultural building of 60m² with half for animals and half for garage/storage space.
A track leads to a lower plot where there is an old mill with a build of 187m². There has been the start on the renovation of the main part of the house which needs to be completed. The old mill is in the lower part of the house and needs complete renovation.
There has previously been electric connected so it can be connected.
The agricultural building and the mill could be bought separately if required.
A great opportuntiy for anyone looking for a renovation project.
The property is situated around 13 minutes drive from the popular town of Albox which offers all amenities including shops, supermarkets, banks, cafes, tapas bars, restaurants, schools, sports facilities and a 24 hour medical centre.
The house sits on a plot of land 5326m² with an agricultural building of 60m² with half for animals and half for garage/storage space.
A track leads to a lower plot where there is an old mill with a build of 187m². There has been the start on the renovation of the main part of the house which needs to be completed. The old mill is in the lower part of the house and needs complete renovation.
There has previously been electric connected so it can be connected.
The agricultural building and the mill could be bought separately if required.
Property Features
- 6 bedrooms
- 1 bathroom
- 247m² Build size
- 5,326m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,995€
Final Payment of 90% on completion
98,955€
Property Purchase Expenses
Property price
109,950€
Transfer tax 8%
8,796€
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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Spanish Property News & Updates by 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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.