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Ref: 4101
Property marketed by Another Way Of Life S.L.
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This complex of three buildings, a main house and two separate one bedroom bungalows has been exquisitely designed and fitted to create a welcoming and nourishing health centre. It sits in an idyllic hillside location. The main house of approximately 150 m2, consists of a large kitchen, lounge, dining room, massage room, sauna, three feature double bedrooms each with its own generous and often quirky bathroom and private terrace. All rooms are air-conditioned and there is wifi throughout. At first floor level there is a large balcony which overlooks the rear of the property. The second house has a lounge/diner, kitchen, double bedroom and bathroom. The third building is another beautifully appointed one bedroom apartment, with bathroom, kitchen, lounge/diner and terrace, beside which is the swimming pool. Surrounding the buildings there are mature gardens and there is even a designer kitchen garden with raised beds. On a slight rise above the houses there is a tennis court and opposite this a parking area. Access is by a track which is passable in an ordinary car. The property is set in an olive grove of some 5 hectares, 4 hectares of which are still given over to productive planting. This property would make a wonderful family home with extra accommodation for friends and family or it could continue as now as a profitable business with the owners living in one of the smaller houses. In high season the property can generate €4.000 per week in rental income.
Services
All mains services are connected.
Location
The property is situated just a few minutes drive from the thriving town of Álora with all local services and within easy access of the lakes at El Chorro. Málaga and its airport are just 45 minutes away.
Services
All mains services are connected.
Location
The property is situated just a few minutes drive from the thriving town of Álora with all local services and within easy access of the lakes at El Chorro. Málaga and its airport are just 45 minutes away.
Property Features
- 5 bedrooms
- 4 bathrooms
- 240m² Build size
- 50,000m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
112,000€
Final Payment of 90% on completion
1,035,000€
Property Purchase Expenses
Property price
1,150,000€
Transfer tax 10%
115,000€
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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