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Ref: 3650
Property marketed by Another Way Of Life S.L.
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Magnificent cortijo, standing alone, consisting of a V shaped house, habitable on both wings. There is a further building that serves as a summer lounge/kitchen. In the central part of the property is a large workshop. The property would be ideal as a hotel, wedding venue and there is plenty of space to have a restaurant. In the first wing of the property, downstairs, is a bedroom and bathroom, with a further two bedrooms and bathroom on the mezzanine level. On the first floor there is a lounge, a kitchen, three bedrooms and a bathroom. On the second wing, there is an entrance area, a kitchen, lounge. Upstairs are two bedrooms, a bathroom and a large area that could be turned into a further two bedrooms and two bathrooms. There is a very large basement that could be used for additional bedrooms.
Services
All mains services are connected
Location
This property is located in El Fargue, just outside of Granada.
Services
All mains services are connected
Location
This property is located in El Fargue, just outside of Granada.
Property Features
- 10+ bedrooms
- 5 bathrooms
- 943m² Build size
- 171,000m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
147,000€
Final Payment of 90% on completion
1,350,000€
Property Purchase Expenses
Property price
1,500,000€
Transfer tax 10%
150,000€
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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