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Ref: F4302886
Property marketed by Ideal Country Property
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A charming and modern country storehouse in Tolox that offers a unique opportunity for those seeking a rural retreat with stunning mountain and panoramic views. It is currently registered as a storehouse but there is the possibility to convert the usage to a house after 5 years, so it is a fantastic investment opportunity.
With a built area of 60m², the property comprises 2 bedrooms, a bathroom, and a private terrace. It is in excellent condition and is south-facing so it maximizes sunlight and warmth throughout the day. The private terrace provides an ideal space for relaxation and outdoor dining, while the plot of over 2,800m² offers a tranquil escape from the hustle and bustle of city life.
The property comes partially fitted with a kitchen and outside offers ample open parking space. The utilities include electricity, drinkable water, and photovoltaic solar panels, providing an eco-friendly and sustainable living environment.
This property presents a fantastic opportunity to create your dream rural home in a beautiful and peaceful location. With excellent potential for capital appreciation, this property is an ideal investment for those seeking a long-term investment in a picturesque setting.
With a built area of 60m², the property comprises 2 bedrooms, a bathroom, and a private terrace. It is in excellent condition and is south-facing so it maximizes sunlight and warmth throughout the day. The private terrace provides an ideal space for relaxation and outdoor dining, while the plot of over 2,800m² offers a tranquil escape from the hustle and bustle of city life.
The property comes partially fitted with a kitchen and outside offers ample open parking space. The utilities include electricity, drinkable water, and photovoltaic solar panels, providing an eco-friendly and sustainable living environment.
This property presents a fantastic opportunity to create your dream rural home in a beautiful and peaceful location. With excellent potential for capital appreciation, this property is an ideal investment for those seeking a long-term investment in a picturesque setting.
Property Features
- 2 bedrooms
- 1 bathroom
- 60m² Build size
- 2,801m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,900€
Final Payment of 90% on completion
107,100€
Property Purchase Expenses
Property price
119,000€
Transfer tax 10%
11,900€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.