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Ref: OCG-72425949
Property marketed by Olive Grove Estates
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We present for sale this charming rustic villa nestled in a picturesque and tranquil rural setting. Perched on an elevation, the house boasts expansive views of the surrounding landscape, including stretches of olive groves in the valley and mountain ridges. Situated between the towns of Yecla and Caudete, beneath the foothills of Sierra de Santa Bárbara, this location offers serene beauty.
The property includes 3 hectares of productive olive grove. Outside, there is a pool and a plunge pool, although they require renovation as they haven't been used for a while.
The house itself requires updating and customization to suit the preferences of a new owner. Currently, it comprises two bedrooms, a kitchen, a lounge with a fireplace, and a bathroom arranged around a small tiled courtyard. Adjacent to the property is a large shed/garage that could be converted into additional living space. Additionally, there is a spacious second floor ready to be transformed into a luxurious master suite or additional bedrooms, with access to a terrace/solarium boasting breathtaking panoramic views.
Nearby, there is a fully fenced animal enclosure with a brick chicken coop, providing ample space for chickens or a few goats.
The property operates off-grid, powered by a solar system, and water is sourced from storage deposits. While the location offers tranquility and the soothing sounds of nature, it's worth noting that the access road is a long country track, which may be challenging for small vehicles and would necessitate the use of a suitable vehicle by the property owner.
The property includes 3 hectares of productive olive grove. Outside, there is a pool and a plunge pool, although they require renovation as they haven't been used for a while.
The house itself requires updating and customization to suit the preferences of a new owner. Currently, it comprises two bedrooms, a kitchen, a lounge with a fireplace, and a bathroom arranged around a small tiled courtyard. Adjacent to the property is a large shed/garage that could be converted into additional living space. Additionally, there is a spacious second floor ready to be transformed into a luxurious master suite or additional bedrooms, with access to a terrace/solarium boasting breathtaking panoramic views.
Nearby, there is a fully fenced animal enclosure with a brick chicken coop, providing ample space for chickens or a few goats.
The property operates off-grid, powered by a solar system, and water is sourced from storage deposits. While the location offers tranquility and the soothing sounds of nature, it's worth noting that the access road is a long country track, which may be challenging for small vehicles and would necessitate the use of a suitable vehicle by the property owner.
Property Features
- View Virtual Tour
- 3 bedrooms
- 1 bathroom
- 167m² Build size
- 32,446m² Plot size
- Swimming Pool
- Outside Space - Large Garden
- Outside Space - Back Yard
- Outside Space - Patio
- Outside Space - Balcony
- Heating - Solar
- Parking - Driveway
- Animal Shelter
- Barbeque
- Cess Pit/Septic Tank
- Log Burner
- Pool
- Remote Property
- Solar
- Water Deposit
- Has Fireplace
- Has Loft
- Has Outbuildings
- Has Swimming Pool
- Has Utility Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
17,000€
Final Payment of 90% on completion
179,996€
Property Purchase Expenses
Property price
199,995€
Transfer tax 10%
20,000€
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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