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Ref: OCG-30049799
Property marketed by Olive Grove Estates
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Located in a serene urbanization, Las Casas de Menores, surrounded by vast pine trees, agricultural land and other rustic houses, this charming atmospheric house built in 1940, has a Mediterranean feel and is just 10 minutes away from Villena's lively town center which offers a range of amenities and places of historical interest.
Despite requiring a complete reform, this house with stunning architectural features and a tranquil atmosphere, has the potential to become a truly beautiful home. The house can be purchased separately from the 7840m2 of productive land that comes with it.
The main façade of the house has impressive heavy traditional wooden doors that lead to a charming internal courtyard, complete with two beautiful mature olive trees growing in the center. On the left side of the courtyard, a set of stairs leads to what could potentially become an independent annexe. Also on the left side are doors leading to a space which could either be an extension of the courtyard or turned into a living space if the roof was restored.
Through the main doors of the house, you'll find yourself in a large hallway, which leads to the kitchen, bathroom and a spacious salon with an exit onto another courtyard that houses a summer kitchen. There's also a staircase with a beautiful ironwork bannister leading to the second floor, where a hallway leads to a shared space with the doors to 4 bedrooms and a terrace.
In total, the house provides 335m2 of living spaces and 247m2 of terraces, offering ample space to convert it into a large and comfortable dwelling. Additionally, the house has both electricity and water connection.
Despite requiring a complete reform, this house with stunning architectural features and a tranquil atmosphere, has the potential to become a truly beautiful home. The house can be purchased separately from the 7840m2 of productive land that comes with it.
The main façade of the house has impressive heavy traditional wooden doors that lead to a charming internal courtyard, complete with two beautiful mature olive trees growing in the center. On the left side of the courtyard, a set of stairs leads to what could potentially become an independent annexe. Also on the left side are doors leading to a space which could either be an extension of the courtyard or turned into a living space if the roof was restored.
Through the main doors of the house, you'll find yourself in a large hallway, which leads to the kitchen, bathroom and a spacious salon with an exit onto another courtyard that houses a summer kitchen. There's also a staircase with a beautiful ironwork bannister leading to the second floor, where a hallway leads to a shared space with the doors to 4 bedrooms and a terrace.
In total, the house provides 335m2 of living spaces and 247m2 of terraces, offering ample space to convert it into a large and comfortable dwelling. Additionally, the house has both electricity and water connection.
Property Features
- View Virtual Tour
- 5 bedrooms
- 1 bathroom
- 335m² Build size
- 7,840m² Plot size
- Swimming Pool
- Outside Space - Back Yard
- Outside Space - Enclosed Garden
- Outside Space - Balcony
- Heating - Solid Fuel
- Parking - Driveway
- Business Potential
- Close to Amenities
- Close to Schools
- Country Views
- Mains Electric
- Mains Water
- Mountain Views
- Pool
- Has Fireplace
- Has Swimming Pool
- Has Utility Room
- Chain Free
- Investment Opportunity
- Has Electricity
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,950€
Final Payment of 90% on completion
116,550€
Property Purchase Expenses
Property price
129,500€
Transfer tax 8%
10,360€
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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