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Ref: 4301
Property marketed by Another Way Of Life S.L.
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Large finca with 660,718 m2 of land and 335 m2 built, has an Andalusian farmhouse style hacienda with large patio and an independent space used for meetings. The farmhouse is divided into a main house and two independent apartments. The apartments need complete renovation. The main house also needs a lot of work as it has been in disuse for many years.
The property has its own well, although there is no water deposit and the well hasn't been used for some time. The area has a lot of water and perhaps the best idea would be to make another well, for which the licence wouldn't be a problem. Electricity is not currently connected but it is available.
Half of the land is planted with Hold and Mediterranean oak and the other half of the land is for sowing cereals and pastures, ideal for cattle raising, horse pasture...
This farm is 2 minutes from the highway, about 5 minutes from the nearest town, Salinas, and about 30 minutes from Malaga. The city of Granada and the Alhambra are about 45 minutes, Sierra Nevada an hour and a quarter and Iznajar half an hour, so the location is perfect to establish a tourism business or rural accommodation.
The property has its own well, although there is no water deposit and the well hasn't been used for some time. The area has a lot of water and perhaps the best idea would be to make another well, for which the licence wouldn't be a problem. Electricity is not currently connected but it is available.
Half of the land is planted with Hold and Mediterranean oak and the other half of the land is for sowing cereals and pastures, ideal for cattle raising, horse pasture...
This farm is 2 minutes from the highway, about 5 minutes from the nearest town, Salinas, and about 30 minutes from Malaga. The city of Granada and the Alhambra are about 45 minutes, Sierra Nevada an hour and a quarter and Iznajar half an hour, so the location is perfect to establish a tourism business or rural accommodation.
Property Features
- 6 bedrooms
- 3 bathrooms
- 335m² Build size
- 660,718m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
62,000€
Final Payment of 90% on completion
585,000€
Property Purchase Expenses
Property price
650,000€
Transfer tax 10%
65,000€
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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