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Property marketed by Olvera Properties
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We absolutely love this house, we have known this property for a very long time as we walk past it every single day, it is a prominent building on the main street of Olvera , going up towards the Church and the Castle. The renovation has been done over the last few years, and you are presented with a property with many possibilities.
On the bottom floor from the main street, there is a small shop with a staircase leading to the first floor, large doors open out into the street with a large window to the front.
From the first floor, there is a door into the street behind easy to make this into a separate apartment or indeed incorporate it into the shop below.
The kitchen has been left ready for whatever kitchen the new owners wanted to put in, if indeed, they wanted a kitchen here. Up the stairs to the upper living space, generously spaced over two floors, a separate locked door leads into the large kitchen diner and sitting room with a breakfast Terrace also off this space. The kitchen is sunny and light and fully fitted with everything you would need for permanent living.
On this floor, there is also a twin bedroom with a bathroom. Upstairs to the fourth floor where you have two further bedrooms and one family bathroom.
The sunny Terrace is absolutely spectacular with views of the Church in the Castle up and down the main street, and as well over into the distance towards Pruna Castle.
Absolutely everything has been done in this house and completely rebuilt from the floors up. All the staircases are new, all electrics, plumbing, all windows and shutters everything, to have a brand new house and business in the middle of the old town is such a treat, the possibilities are endless either two living accommodations and a small shop on the ground floor or a larger retail business over the two bottom floors and the separate accommodation above, with arguably the best view of the Church and the Castle, sitting at the top of the hill, as well as far reaching mountain views.
Floor Area: 210
Bedrooms: 4
Bathrooms: 3
Property Features
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- 4 bedrooms
- 3 bathrooms
- floor area 210
- bedrooms 4
- bathrooms 3
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,975€
Final Payment of 90% on completion
179,775€
Property Purchase Expenses
Property price
199,750€
Transfer tax 10%
19,975€
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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